BSL 1.82% $21.59 bluescope steel limited

Buying a mine.... why not just shoot themselves, the staff and...

  1. 6,609 Posts.
    Buying a mine.... why not just shoot themselves, the staff and the shareholders first as it would hurt less.

    Three things will make this recover:

    1. Commodity price falls - probability 90% - degree of fall 40%

    2. A$ correction - probability 60% - degree of fall 30%

    3. Gillard government removal/backtrack on tax - probability 190% - degree of fall in tax 100%

    Any of the above would lead to a shorters rally and strong gains. The percentages I have added are just gutt feel but you get the idea.
 
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