ARI 11.1% 2.4¢ arika resources limited

Arrium in Administration according to AFR street talk, page-62

  1. 169 Posts.
    Brickwell's IR & PR team must be delighted to have Bakewell on board. Just as shit is about to hit the fan & the magnitude of incompetence around balance sheet management, stress/scenario testing, risks mgmt. etc comes to light. You think that will install confidence to their shareholders & lenders, having a CFO that oversaw such a cataclysmic failure under his watch (forget about IO prices etc) on the team, hell no! This debacle proves that shareholder apathy & blind trust in management ultimately ends in tears. I suspect every AGM these folks conduct, analyst reports etc...the competence of their CFO will be in the spotlight. All I c
 
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