BSL 0.38% $20.87 bluescope steel limited

Yes if I’m not mistaken they have approx $900M in debt but...

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    Yes if I’m not mistaken they have approx $900M in debt but according to the last investor presentation they are NET Cash to the tune of $64M which I believe means they’re sitting on cash of approx $963M.

    So yes technically they still have debt but the cash they’re sitting on is more then the debt.

    Can someone please confirm the above is correct?
 
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