Can't see how day traders benefit. The sale at 0.1 cents yesterday was tiny, a few hundred dollars. If you want to buy at 0.1 cents you join 165 others, trying to sell 500 million shares. At current volumes that will take 4 years to clear.
The current situation with no flexibility on pricing is deterring trading. There needs to be a consolidation. The big question is the future of China's steel industry. Baralaba is in a good competitive position - but does it have enough strength to last out the current slump?
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