BSL bought out Butler distribution that included plants in China. They have downsteam capacity in SE Asia. You don't need a front end if you can buy HRC cheaper from China than you can produce it yourself and convert it into value added product that can be sold at a cheaper price into other markets, including Australia. O'Malley stated that Port Kembla was the worst performing business in BSL. So in the interests of shareholders it is his responsibility to stop the bleeding. Add to that $400M for a potential carbon tax, potentially an increasing $A.........well the conclusion would be obvious. I'm not saying they will do it overtly but as conditions change they must consider all options to reduce overheads. I suspect any well run company has a number of options they must consider. I'm not taking a position in this but it just adds to the discussion of where things could head in the future.
- Forums
- ASX - By Stock
- jooooliad!
BSL bought out Butler distribution that included plants in...
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BSL (ASX) to my watchlist
|
|||||
Last
$20.66 |
Change
0.070(0.34%) |
Mkt cap ! $9.091B |
Open | High | Low | Value | Volume |
$20.82 | $20.83 | $20.55 | $45.29M | 2.191M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 111 | $20.65 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$20.67 | 1067 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4885 | 20.590 |
1 | 25 | 20.400 |
1 | 491 | 20.350 |
1 | 516 | 20.310 |
1 | 500 | 20.300 |
Price($) | Vol. | No. |
---|---|---|
20.720 | 1000 | 1 |
21.000 | 45 | 1 |
21.220 | 241 | 1 |
21.240 | 834 | 1 |
21.350 | 1205 | 2 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
Featured News
BSL (ASX) Chart |
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online