Bluescope, BSL, was dumped to 25c, equivalent $1.50 two years ago, then bounced to $6.60, currently trades at $5.60
Arrium/One Steel, currently hit new multiyear low, it is very likely to recover some. Thats probably why UBS already bought $180m ARI @48c, plus incoming underwritten of retailers entitlement. ARIR trading over 0.7c is also a good sign.
to-be chair loaded another 250k shares on-market last Friday. He bought 250,000 @75c three weeks ago.
