ARI 0.00% 2.2¢ a.c.n. 004 410 833 limited

I saw on Hotcopper today that Chinese Rebar Futures have...

  1. 370 Posts.
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    I saw on Hotcopper today that Chinese Rebar Futures have increased 40% over the past 6 months. So since April 7th, that combined with tariffs put in place of between 30% and 50% Steel must be making a killing in the 6 months period up to 31/12/2016.

    Makes me think that once Molycop gets sold off, a DOCA for the rest of Arrium will take place instead of a selloff - unless someone offers a very high price for Arrium Australia.

    Hold onto your hats shareholders - it has been one hell of a ride but we may just get back to trading by early next year as Arrium (minus Molycop)
 
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