OST onesteel limited
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clearly over priced, page-27

  1. josun88
    212 Posts.
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    22/02/12
    22:43
    Post #: 9735940
    Its underlying net profit was $78 million for the first half and the loss is because of the $130 million writedown for the LiteSteel business. Just don't understand why people keep saying they are non profitable.

    About job cutting please read the link below,


    450 mining jobs to offset OneSteel loss

    http://www.adelaidenow.com.au/business/onesteel-to-change-its-name/story-e6frede3-1226276792761



    OST Price at posting: 95.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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