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

Three Amigos - Walton, Mentha & Gupta, page-9

  1. jimtraders
    970 Posts.
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    17/07/17
    13:47
    Post #: 25907448
    Bluescope has gone from strength to strength in this steel dumping era.
    Arrium had management issues and could not realign the company into the 21st century, instead of heads in the sand, they needed to upgrade the infrastructure of the company whilst IO prices were $100/T plus.
    They failed and when the IO price collapsed Arrium collapsed.ARI was highly debt leverages it seems.
    BSL boomed. Why?
    ARI Price at posting: 2.2¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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