Amazing- no news for weeks then when a Chinese major in the Iron Ore game launches a hostile take over bid of an Aussie Iron Ore Mid cap (Mid west) out comes an annoucement, down goes the price, was this just spec money chasing a firm offer? out of one Mid cap Iron Ore hopeful into a sure thing????
Me thinks so, look out when Shougang sign up! Although I wish I could have predicted these lows I would have arranged some more bank debt, for myself that is, sorry Kev I'm not affraid to borrow on a sure thing no restraint here old chap, even partial to the odd binge drinking episode, when needed of course, Stay the course
ARH Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
