IO steady rise, page-13

There was an article in the Australian late December about ARI, that stipulated ARI was burning 100 mil in cash( slightly exaggerated yes I know) when iron ore was at that time under $40.
A prominent broker at that time cut its target price from 15 c to 5c. stating reasons...that iron ore had since dropped 20 percent.
Iron ore has since risen about 14 percent the day of that article.
My point is the true value of this stock is not reflecting its true value regardless of any news.
I would be silly in me thinking its the same broker that's depressing the price and mopping up at these prices RIGHT.


DYOR
GLTA