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0.00% 2.2¢ a.c.n. 004 410 833 limited

Hope for Whyalla...?, page-18

  1. ivantheironworker
    1,814 Posts.
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    12/04/16
    12:26
    Post #: 17481368
    The best thing a shareholder could hope for is a sale of the Whyalla Steelworks. Tata can have it for $1 imo.
    We will have dodged a huge bullet.
    That should leave Arrium with near enough to $400 mill ebitda per annum.
    More than enough to service their loans.
    ARI Price at posting: 2.2¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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