The 3.5% currency fall in a week is very good for Arrium!, page-6

I tend to disagree with you guys on this one. Although i am a holder i had luck to have bailed out at a healthy profit and only hold a very small parcel.I see the cap raise as a positive move to greatly reduce debt and the fact that iron ore is in the doldrums at this point and coupled with a declining $au
imo gives ARI an opportunity to return to profitability very quickly because iron will again become in high demand. This is just a cycle.
This provides a good opportunity to get some cheap stock via cap raise or on market .I smell a quid to be made here.
Good luck
Zubric