BSL 0.38% $20.87 bluescope steel limited

I'd really like to know why they weren't buying when the share...

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  1. 530 Posts.
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    I'd really like to know why they weren't buying when the share price was down in the $11's or lower. Is there a formula that if the share price drops by a certain % ($19 down to below $11 =42%) in a short period (Aug to Jan), buyback are not allowed?? 
    So the Buyback is now basically providing a floor price for BSL if they buy every share that is offered below their buying threshold. 
 
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Last
$20.87
Change
-0.080(0.38%)
Mkt cap ! $9.019B
Open High Low Value Volume
$20.90 $21.18 $20.81 $22.97M 1.099M

Buyers (Bids)

No. Vol. Price($)
2 9649 $20.87
 

Sellers (Offers)

Price($) Vol. No.
$20.88 4334 2
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Last trade - 16.10pm 18/11/2024 (20 minute delay) ?
BSL (ASX) Chart
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