BSL 1.20% $20.16 bluescope steel limited

crashing, page-2

  1. 657 Posts.
    Re: "laughable but a company that issues shares at $0.00 consideration will tend to move towards that value, In this market it could get there very quickly."


    This is the only gripe i have with this co, they do so very frequently
    and just as the Sp shows some improvement they issue at nil and it goes
    back down again. I believe these last few days they have taken the
    opportunity with the overall markets falling to do so repeatedly
    and thus disguising the distressing of the sp even more.
    On the other hand when it does reach poor levels the Directors
    start buying and this sort of restores some temporary balance.

    (unless of course the dates of issuing are predetermined which then
    would mean that they have nothing to do with Sp ups or downs
    or markets -yet i have noticed that they - @ nil - follow some days
    of highs ---- anyone can shed some light as to when / how it is decided
    when to issue those @ nil consideration?)
 
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$20.16
Change
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$20.15 $20.20 $19.86 $23.62M 1.175M

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No. Vol. Price($)
3 7319 $20.16
 

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Price($) Vol. No.
$20.18 5143 2
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Last trade - 16.10pm 04/07/2024 (20 minute delay) ?
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