OST 0.00% 86.5¢ onesteel limited

ost outlook, page-18

  1. 3,740 Posts.
    josun88,

    ost/bsl both dropped out of s&p au 50 index. index funds are selling out before close of trading 16-09-2011. Plus too many negative speculations about steeling business and whole manufacturing at this moment.

    in mid term, we will be fine. once wpg mines are in production then we will be in much better shape. i suspect more job cuts are comings from steel manufacturing division which is short pain and long gain.

    what are you thoughts?
 
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