This stock is only 7.7% short as of 3 days ago. (Myer and Metcash are around 19% and 17%)
You'd be mad to short it any further - there would be no way to exit. Unfortunately you can't short all the way to the death!
Either way, it appears Arrium has found a bottom. Fundamentally and technically it looks like it's on the move.
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Things are looking Good, page-28
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