Very few stocks have disappointed like OST. Whyalla plant problems, come on now OneSteel, this plant was revamped and relined back in 2002. It looked worse than unfortunate.
Selling iron ore to offset lack of profitability in steel was an admittance on abject failure to read the markets.
Hopefully the bottom has been reached in the retreat frrom $4+ per share.
The company directors have not done that well, basically it's more their fault than anyone else, the buck stops at their front door.
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