Arrium is the cheapest Iron Ore producer after RIO and BHP., page-3

After being in ARI for over three years, I sold remaining portion at 77c and will wait on the sidelines for a while, or go play in another sector.

I believe ARi is worth more that current sp , but I have learned the hard way not to fight short term sentiment, so I have switched from holder to seller and have decided to preserve remaining capital (already lost 16%).

In the final analysis , I lost confidence in IO going above $100USD. Guess I listened too much to the comments of Messrs Roberts, Power and Brinsden, all of whom have a vested interest in talking up the spot price.

I am very surprised and somewhat dis-appointed that AUD has not cushioned any of the IO spot price softness recently.

GLTAH and I will still be checking out this thread.

FT