Sad day for Arrium shareholders. I was lucky enough to bail during the recent rally over a month ago.
Don't say ARI was priced to fail, because it wasn't.....the sp has nothing to do with the fact that ARI was LOSING MONEY and the debt was over 2 Billion.
SBM was priced to fail at 7c but recovered.......GXY was priced to fail at 2.5c but recovered.....ARI was losing money and had a huge debt and had BAD MANAGEMENT........RIP.
ARI Price at posting:
2.2¢ Sentiment: None Disclosure: Not Held