I am holding the stock for the long-term and usually buy on the dips. Over the next 2 weeks if it was to reach between that $6.00 - $6.50 range I will have to buy more (though I have been buying over the last couple of weeks so would prefer the stock to not reach those levels). A few weeks back people had a laugh when someone put their price target on it at $15.00. Unfortunately, based on how international steel stocks have performed since September Bluescope should have sadly been around that $12.00 - $15.00 range ie look at even Onesteel I was buying at around $2.20 a year ago when Bluescope was about $7.50 and now Onesteel has reached as high as $4.19.
Who knows, Bluescope might go up over the next 2 weeks. Nothing surprises me anymore when it comes to Bluescope.
profit downgrade, page-6
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Last
$20.23 |
Change
-0.200(0.98%) |
Mkt cap ! $8.889B | |||
| Open | High | Low | Value | Volume |
| $20.35 | $20.43 | $20.14 | $4.610M | 227.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 435 | $20.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.24 | 2172 | 25 |
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| Last trade - 12.04pm 01/07/2024 (20 minute delay) ? |
| BSL (ASX) Chart |