OST onesteel limited
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The B/S ratio has gone from over 2 times to about even. That is...

  1. CaptainBarnacles
    11,621 Posts.
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    14/04/10
    15:01
    Post #: 6572603
    The B/S ratio has gone from over 2 times to about even. That is what I will be watching, and is what will get me to close my positions. I think the BS needs to be over 1.5 times to keep the SP levitating where it is now. Morningstar's analyst consensus suggests EPS of 32c in 2011. I think that there is a lot of projection of the recent Steel and Iron Ore price runup in that.

    MM
    OST Price at posting: $4.01 Sentiment: ST Sell Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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