Kestenbaum is taking control With latest sale looks like kestenbaum is taking control of company. Nicely played. With steel futures holding strong well out into a year from now expect Stelco to generate crazy cash flow numbers for next few years.
current stock price under 35 a share is a real steal here. I suspect current share offering gets oversubscribed here.
Haven't posted much on this board bit have held Stelco for about 2+ years now. Plan to add here as cash flow generation potential is very strong now. 22 dollar a share ebitda for 2021 and likely more for 2022 given futures
time to load up more!!