Bluescope has raisen much faster and higher than I anticipated. I sold all my BSL stock in March, on the basis of suppressed commodities, oversupply of steel, and cheap steel from China.
Admittedly, the agreement by unions and management on aggregate wage control gave BSL a lifeline (at least in the short to medium term). I sold on that SP upturn in March. But I'm surprised that steel margins have recovered and are continuing to trend upward as quickly has they have, driving BLS SP higher.
From memory Kittboomboom, you were considering whether to sell in March. Looks like you held. Good on you.
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1 | 1000 | 21.830 |
1 | 5044 | 21.780 |
4 | 6317 | 21.770 |
3 | 5394 | 21.750 |
Price($) | Vol. | No. |
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