I have owned a lot of BSA a number of times in past 7 years. It always seems to provide trading opportunities. I held some 1.5m shares until selling following their announcement of FY2010 results. I sold in the 25-27 cent range. It proved a premature sell with stock then rising above 30 cents. I too thought the stock cheap, however I also became concerned that they had won a very large contract for the new St John of God hospital Perth. The stock rallied on the news, but I saw this as a potential future problem. I live in perth and have seen many contracting companies come undone by the booming WA market. They often underestimate costs and get caught in costly overruns. I have no idea how the contract is structured or performing. More recently the bad news on what is widely regarded as Australia's greatest contracting company, Leighton, gives us all a reminder of how hard it can be. Whilst BSA has a sound balance sheet, it is not large enough to weather a major overrun on this contract. therefore feel that a high risk premium warranted on the stock.
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Last
$1.03 |
Change
0.008(0.74%) |
Mkt cap ! $74.19M |
Open | High | Low | Value | Volume |
$1.03 | $1.03 | $1.03 | $1.387K | 1.35K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 487 | $1.03 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.07 | 2055 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 487 | 1.030 |
1 | 8022 | 0.985 |
2 | 3001 | 0.980 |
1 | 2577 | 0.970 |
1 | 15000 | 0.955 |
Price($) | Vol. | No. |
---|---|---|
1.070 | 2055 | 2 |
1.085 | 1 | 1 |
1.090 | 7216 | 2 |
1.100 | 500 | 1 |
1.115 | 12500 | 1 |
Last trade - 13.27pm 19/08/2024 (20 minute delay) ? |
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