Why waste time discussing the spliting of the company. Just because some bankers want to scam some cheap shares of people ARI is not a company in distress. The mining consumables is doing and will be doing very well into the forseable future. Steel will crawl along with a +ve ebit and the IO mines will keep on adding value based on the prevailing IO price. At the moment I still expect ARI to have a FY profit of between 330 and 400 M and a 4/5c fy div.
DYOR
ARI Price at posting:
77.7¢ Sentiment: Buy Disclosure: Held
