The only winner long term is the Chinese.
Midwest Corp gone.
Mount Gibson emancipated.
SinoSteel creeping into MMX.
AnSteel taking shares in GBG.
GBG unfortunately will become a price taker, may not even be able to sell at BHP/RIO/Vale contract price (end up like Mt Gibson).
Still, better than being a 1c stock, which it would have been without the AnSteel involvement.
Hang in and hope for better times ahead. Maybe a takeover will come, and allow one to cash out.
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