ARI
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0.00% 2.2¢ a.c.n. 004 410 833 limited

IO up, steel price up, ARI come out of VA possible?

  1. D-D
    49 Posts.
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    22/04/16
    13:17
    Post #: 17578945
    With IO price rise to $68.70 and steel price rally 54%, ARI should be in profit now rather than loss.
    Technically / legally can ARI shareholders end the voluntary administration and select a new board to run the company?
    I have never caught in a company in administration. Any info would be much appreciated.
    Has there been any company in the past few years that came out of VA and trade again?
    ARI Price at posting: 2.2¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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