ARI
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0.00% 2.2¢ a.c.n. 004 410 833 limited

reversal forming, page-9

  1. full-tilt
    937 Posts.
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    13/03/14
    15:00
    Post #: 13121964
    Yes Sagaro,
    I agree that around $1.80 to $2.00 should be achievable even if IO price drops to USD$100/T for a prolonged time ( read years) and the co earnings dropped from 30 cps to say 20cps. A pe of 10 would then see a SP of around $2.00.

    s.p not as good as in a buoyant IO market (USD$120-130/T), but still a long way above the current sp.

    FT
    ARI Price at posting: $1.38 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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