ARI
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0.00% 2.2¢ a.c.n. 004 410 833 limited

there are 2-3 more cuts from RBA in this year, making cash rate...

  1. xkon4
    213 Posts.
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    04/02/15
    21:14
    Post #: 14699602
    there are 2-3 more cuts from RBA in this year, making cash rate around 1.5%-2%.

    one cut = $11m more EBIT for ARI.

    today we see most junior IO miners up thanks to the rate cut yesterday.

    Holding MGX not ARI, but I am looking at a good entry to catch the up trend & filing of the gap
    ARI Price at posting: 21.5¢ Sentiment: Buy Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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