CNH china steel australia limited

Ann: Annual Report to shareholders 2011 , page-4

  1. 7,098 Posts.
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    If this new 12% holder has some cash backing them, they could have gotten a really good deal on 12% of the company. One small plant, and one 3/4 finished larger plant. If somebody comes in a buys shares at a 50% discount, then throws a bit of money at finishing the larger plant they may have no problems.
 
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Currently unlisted public company.

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