Fresh Five Year New Low Tomorrow, page-4

The last time I bought into this company, it was called One Steel, I actually bought the bottom of the move at $3.97, sold a few weeks later for about $4.33, for a nice little trade, only really remembered because I got the bottom.
Having watched this for ages, I missed the bottom, but bought today at 16c, a price I would never have dreamt of buying at. At 1/3 of the underwritten price, there really can't be much downside.
If they needed to, they could sell the main asset, pay of the loans and pay every SH a 15c Sp Div, keeping the 2 businesses not going so well and some cash.
So I just don't believe the current low price, but someone sold to me, thankyou.