"NOT ENOUGH EMPHASIS ON THE POSSIBILITIES FOR FUTURE"
You are so right rlabelle,this morning I watched on ABC Alan Kohler program "Inside Business".
The Posco and Noble Group consortium offer for Arrium was brought up for discussion by the panel.
Here we have a number of people who are supposedly well informed/experts in what's going on in our industry.
The best they could do was mumble whether or not the $0.88 offer was adequate and if Peter Smedley might have overplayed.
Yes, someone even mentioned that a hedge fund could have had a bit of a play with the share price.
NO MENTION of any doubling of coal production,good profits from the mining consumables,the value of the port etc.
That the company could be much more worth than the current offer.
No Aussie pride and support coming from this panel or to show case a good Australian company under attack from some freeloaders.
I hope Arrium's management and board saw this program too and got the message, that to protect the company,they will need to promote in a big way Arrium's strong positives to the investment community.
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