I think May at the latest,
1. sell in may and go away
2. higher Australian dollar hurts BSL
3. steel prices said to fall in second half of 2007 and definately uncertain for 2008
http://en.ce.cn/Industries/Basic-industries/200703/29/t20070329_10865689.shtml
http://www.iht.com/articles/2007/04/01/bloomberg/bxcom.php
4. lots of people have always speculated that BSL may be a target. There is no announcement about accumulation by anyone. Last time this happened the price ramped up to 10 bucks then when reality set in it fell away very quickly.
Given the way this has traded I expect as soon as there is a whiff of the impact of these type of issues IMO it will tank.
Do your own research - I am just commenting out of interest
I think May at the latest,1. sell in may and go away2. higher...
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Last
$19.94 |
Change
-0.110(0.55%) |
Mkt cap ! $8.803B | |||
| Open | High | Low | Value | Volume |
| $19.88 | $20.12 | $19.84 | $48.12M | 2.389M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1715 | $19.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.95 | 405 | 1 |
View Market Depth
| Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
| BSL (ASX) Chart |