UBS still hanging around, their involvement going all the way back to the capital raising in 2014. Wonder what institutions have shorts waiting on the outcome of the Arrium administration and who stands to profit.
The Molycop debacle says it all, misleading potential bidders who didn't fall for it as Arrium did with WPG.
How Bakewwell is still employed with a publicly listed company is astounding and KM along with ASIC happy to have the circumstances of the collapse looked at in the 'longer term'.
Trading while insolvent may be the least of the issues when looking at Alan Greys sudden exit and the Southern Iron closure then capital raising two years later to close the $600m asset along with the appearance of the until then undisclosed onerous, cash bleeding contracts.
ARI Price at posting:
2.2¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
