We are all frustrated.
Including institutions that have been shareholders."We are not amused"
It is time to see a turn around in the companies financials (AKA business improvement) to prove that ARI has turned.
Too many hidden don't knows within ARI operations leaves too much for conjecture and negative views.
Such as TRUE ALL IN SUSTAINING cost of IO.
True cost of feed to ARI's blast furnace.
Cross subsidies between the two.
Actual cash shed from each operational area on a historic basis.
Shareholders are looking for asset appreciation,along with positive share price movements.
Lost opportunities to reduce debt and add to NTA backing leave you shaking your head.
Such as the ability to have done a 1 for 5 or 1 for 10 at $1.40 when NTA was less than $1.30 and shares were over $1.70
Long gone are the days when company Management and Directors can play the "Your just a dumb shareholder". Often the dumb shareholders these days wield significant financial and political clout .
Time for them to consider they are but employees and those who employ them may very well dictate their employability elsewhere if they fail shareholders further here.
DYOR + DYODD is the 6 months up yet and has AG been slowly picking up another 3%?
ARI Price at posting:
9.7¢ Sentiment: Buy Disclosure: Held
