being a sydney / australia based company but dual listed for the benefits, I'd say they are following our lead.....but good to see they received the information and reacted the way they did.
Another thing I noticed is approximately the same amount of money that changed hands in germany...I get approx:
3,391,310.00 EUR = 5,800,529.69 AUD Euro Australia Dollars 1 EUR = 1.71041 AUD 1 AUD = 0.584655 EUR
To top it off...the average volume of shares traded on BGD in germany daily is around 593,000 daily but last night they traded approx 35,698,000 shares which is 60 times their daily average in one day.
People obviously like the news....although Gizard is right in saying a steel mill has been planned before, everything I am reading is pointing towards it having 100% approval and 100% financial backing with only the environmental impact statement needing to put through the government.
JObs wise though and with Anna Bligh on the rampage to revamp Queensland employment / opportunity, this and a couple of other projects she seems like a bull dog on pushing thorugh are getting a lot of focus.
BGD Price at posting:
25.0¢ Sentiment: Buy Disclosure: Held