Agree Penniless!
Directors cannot buy quietly, as each transaction must be made public.
They already hold large parcels, so why top up with a few more? Well, they are well aware that a certain percentage of the herd will follow the leaders no matter where they take them.
In desperate times, their trades can influence the share price up, (ever so slighly) They can't very well start to sell, so they either hold, or try this ploy.
They are buying in exremely small parcels, in comparison to their bonuses, (no impact on their personal wealth) and no doubt have made an agreement amongst themselves to carry out this contrived but futile action.
Onesteel is a clearly better buy at the moment if you are looking at steel only.
Get your mind away from steel though, and you will find even better buys out there.
Broaden your horizons just a little changle
Agree Penniless!Directors cannot buy quietly, as each...
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BSL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$20.69 |
Change
0.270(1.32%) |
Mkt cap ! $9.105B | |||
| Open | High | Low | Value | Volume |
| $20.40 | $20.87 | $20.28 | $33.26M | 1.609M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4974 | $20.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.69 | 15078 | 1 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| BSL (ASX) Chart |