A 12 months later 7th March 2010 the share price was $3.60
The IO price in March 2010 was US$139.77/tonne.
Less than it is now.
The sharemarket doesn't make much sense, the reason that the ARI shareprice is so low at present is because everyone believes that the IO price will go down to US$70/tonne.
WHAT IF THEY ARE WRONG !!!!
ARI Price at posting:
$1.12 Sentiment: Buy Disclosure: Held