OST
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0.00% 86.5¢ onesteel limited

Sale of Piping Systems Business was in December for $100mill.But...

  1. Flight500
    5,813 Posts.
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    25/02/12
    08:27
    Post #: 9749247
    Sale of Piping Systems Business was in December for $100mill.
    But in the Finazworld it is a write down,thats the hidden clue which only undestand the Finazexperts. Also OneSteel received from the govement $64mill.
    The IronOre mining has expansion options and Newcastle OneSteel plant are working nearly 24/7.
    Wait for 2 RBA ratecuts and watch out for OneSteel.
    Will enjoy the 3c divi. Nice little earner.
    OST Price at posting: $1.03 Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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