If you read what I said in March I said the market was waiting...

If you read what I said in March I said the market was waiting for Yellens speech then ARI will bounce.
It did exactly that. Going from 16c to 21.5c. A good trading profit.
I bought a lot more yesterday as well. If you don't have a position why are you so concerned about the stock?
The daily shorts on ARI are almost non existent. IO stocks in the four major chinese ports continue to drop. Some analysts are stating that it's heading into shortage. ARRIUM is the fourth lowest cost producer in the world. It continues to streamline even further.
Why not take advantage of impairments if they can. Would you prefer they paid the tax?