BSL 0.19% $20.60 bluescope steel limited

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  1. asf
    9,887 Posts.
    The boss said no decisions had been made. That didn't mean that alternatives have not been discussed.

    Re a capital raising, why not? A cashed up Bluescope is going to be worth more than a non-cashed up one that people fear will not survive. One of those "recapitalisations", as done by Lazard with HST, could be the go. A $900m write-down could be funded. There's loads of cash in BSL. Noone wants it to fail.
 
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