The 3.5% currency fall in a week is very good for Arrium!, page-7

We pay our Board and CEO very well to have some foresight - and they seem to have very little!
SP was well over $1.50 (up to $1.80) between Nov 2013 and Feb 2014 - might have been a better time to do a placement!!
Perhaps could have placed some shares at $1.40 or even $1.50.
Now they are placing at $0.48+
And shareholders have to stump up at 1:1 (at least we are getting some and participating).
But heck! - what lack of foresight by the Board and CEO.
DYOR