One of the major rollformers is heading to oblivion - at the end of a shocking year in sales and EBIT - the head company has lost all hope for a sale! There are only three companies in this position:
- Lysaght - owned by BlueScope.
- Stramit - owned by Fletcher Building.
- Fielders - owned by Hills Holdings.
First is BlueScope:
|BSL - BlueScope down to less than 30 cents?|
|FBU - Fletchers down to around $4.70?|
|HIL - Hills Holdings down around $1.00?|
No takeover, No sale, No Hope!
P.S. Independents are on the rise in terms of turnover!
BlueScope to shed another 100 jobs?
Read the article here STRIKE THREAT BLUESCOPE?
|AWU Port Kembla branch secretary Wayne Phillips|
How long will BlueScope last???