Probably one of the cheapest entries for any foreign steel companies into the iron ore market in Australia.
PXSteel have the front running atm with 19.9%! Will increase that to around 37% by memory after the last 2 allotments pending shareholder approval.
I wonder if there are any other bidders out there who would be willing to aquire stock at more than 20c??
Probably one of the cheapest entries for any foreign steel...
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