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
71.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $51.23M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 72.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
74.0¢ | 30540 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 0.720 |
1 | 14 | 0.715 |
2 | 23081 | 0.710 |
1 | 3200 | 0.700 |
1 | 4400 | 0.680 |
Price($) | Vol. | No. |
---|---|---|
0.740 | 30540 | 2 |
0.745 | 53625 | 2 |
0.750 | 27625 | 2 |
0.770 | 682 | 1 |
0.790 | 29444 | 1 |
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