ARI
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0.00% 2.2¢ a.c.n. 004 410 833 limited

Arrium in Administration according to AFR street talk, page-22

  1. crosmo
    67 Posts.
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    07/04/16
    12:33
    Post #: 17445119
    NTA cannot be taken seriously in case of liquidation. For example, Whyalla steelworks would be on the books as an asset and have some value attached. In case of liquidation it is in fact a liability. No one will pay for it and the site remediation costs are enormous.
    ARI Price at posting: 2.2¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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