Melbourne based steel business BSL has grown earnings across its main business areas which has been reflected by a stellar performance by its share price i.e. earnings in the first half came in over $530m, up 78% on the same COVID hit period of 2020. Importantly as we all should remember the trend is your friend and we are bullish BSL targeting fresh highs, not necessarily huge upside but I like both the risk / reward and probability of success investing with the upside momentum.
MM is targeting new highs for BSL
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