Arrium to Maybe Keep Moly Cop...?, page-14

Your spot on Sysmatic - Algo in complete control of this baby's price, and it has had a damn good run at it with Insto's still in sort-out-your-problems-first-then-we-might-invest mode.

Thankfully the Algo's mischief can't affect Arrium's underlying businesses & prospects - and us longs just have to wait it out (or say enoughs enough - the Algo's preference!). The share price will eventually re-rate to the inherent business value.

Tomorrow is the deadline for first round (indicative) bids for Moly Cop sale - so hopefully we'll get an update on progress/bids next week.

PS - Watch the closing match-up tomorrow afternoon. If this Algo stays true to form, it may seek to do a large crossing on the close (likely pushing it down to the low), prior to the release of potentially market moving news (Moly bid results) next week.