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The debt is higher than $1billion. Arrium forecast at the time...

  1. rmp6868
    85 Posts.
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    17/12/14
    19:19
    Post #: 14477086
    The debt is higher than $1billion. Arrium forecast at the time of the rights issue that debt would increase by $100-$300 million between 30 June and 31 December. Given the iron ore crash you can safely assume it will be at the higher end. Net debt currently around $1.3 billion
    ARI Price at posting: 15.5¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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