OST 0.00% 86.5¢ onesteel limited

strong buying

  1. 224 Posts.
    Has rallied strongly since breaking 1.70, touched 1.82 today to close at 1.79.... Looks strong, low P/E, good yield. Lift in volume and price today, a lot of late buying after the bell, someone is stocking up on this one....

    Shouldn't see any weakness before the ex div date in my opinion, profit taking after strong earns announcement has ended and the stock should resume it's uptrend. paying a 5c dividend, forecast 11c for full year dividend.

    Looks good to me, worth a look...
 
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