I haven't had the time but really want to send a letter or email to BSL haha. All their statements mention the same thing 'looking at cost-cutting initiatives'.
That really is all the company has to do, it has the positioning and profile.
The real question is WHEN is this going to happen haha
BSL has a high beta, so people just need to remember that any change in the market affects it twice as much.
Beta is 2 according to - http://markets.ft.com/research/Markets/Tearsheets/Forecasts?s=BSL:ASX
May stop steel production PK, page-83
Add BSL (ASX) to my watchlist
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Last
$21.62 |
Change
0.480(2.27%) |
Mkt cap ! $9.544B | |||
| Open | High | Low | Value | Volume |
| $21.37 | $21.79 | $21.36 | $26.25M | 1.214M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 264 | $21.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.62 | 4094 | 1 |
View Market Depth
| Last trade - 16.10pm 03/06/2024 (20 minute delay) ? |
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Last
$21.61 |
Change
0.480 ( 2.11 %) |
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| Open | High | Low | Volume | ||
| $21.39 | $21.78 | $21.39 | 145563 | ||
| Last updated 15.59pm 03/06/2024 ? | |||||
| BSL (ASX) Chart |