Arrium sells IO at a Loss, page-12

IMO every individual holding ari either believes they will be here in 5 years, doesn't know, or believes they won't be here in 5 years.
The last should sell, the second may or may not sell(and may have sleepless nights??) the first will hold.
Everything else is noise.

Surely we were all expecting what came out of the quarterly as far as selling I/O at a loss, you don't just shut a mine down overnight, just like you don't turn a ship around in 5 mins.The process takes time.