steel works a dud, page-3

Deutsche Bank 19/05/2011 Hold $1.88 7.1%

UBS 12/05/2011 Downgrade to Neutral from Buy $2.25 28.2%

Credit Suisse 11/05/2011 Outperform $2.75 56.7%

RBS Australia 11/05/2011 Buy $2.45 39.6%

BA-Merrill Lynch 11/05/2011 Buy, High Risk $2.95 68.1%

JP Morgan 11/05/2011 Overweight $2.70 53.8%

Macquarie 03/05/2011 Outperform $3.26 85.8%

- all the analysts are wrong except Deutsche Bank

Source : FNARENA