open volume, page-3

Hi Josun88,

I agree that the SP is sick, which is a consequence of a few factors. The one legitemate factor being the IO price that is generally agreed will be short term. Other factors include short selling and shorting through HFT algorithmic programs. The latter is proving to be the scurge of share markets world wide.

I do not believe Arrium is sick and I have seen nothing from the company to change my longer term view. In light of the above the market will more than likely have to see the runs on the board with revenues from increased IO sales etc before the SP reaches levels according to fundamentals.