gindalbie accepts $162.1m ansteel share at .85, page-48

Actually the point that they'll seek "preferential pricing on their offtake agreements" is a non-sense and far from an astute assumption as it suggests ST gouging over LT strategic planning. They'll receive a preferential product at benchmark prices.

Alan Kohler continues to create uncertainity after making a few good general calls of late. But remember this is only because he left the market some time back and sits mostly on cash. Hmmm.