it probably does have something to do with that
but iron ore prices were rising last week and so was BSL
so more likely to be just tossed around by traders for profits.
low volume for a big company so easier to move
not as risky as many because of the intrinsic value
if I had the funds I would be tempted to drive it down as far as I can, buy off the bottom, send it back up... exactly what we're seeing. and if you can hit a few people's stop losses along the way you make more, so it doesn't surprise me to see the amplitude increase.
takes guts to hold tho.
keep looking at those fundamentals
Buyback, page-27
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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 |
View Market Depth
| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| BSL (ASX) Chart |
