I don't think you understand my simple point. ARI had Net asset of $3.7b on 30 June 2014, plus, further cap raised $0.7b, total net asset would be around $4.4b (ignoring half year profit, exchange loss). But ARI currently has only $0.6b market cap! Therefore, market has been already priced approx. $3.8b asset written off.
ARI Price at posting:
20.5¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
