U S $ 63.74 up 18.5%, page-18

Company saddled with debt which continues to rise, stretched working capital, multiple assets which are bleeding the company dry, coupled with incompetent management. Behavioural finance at its best with all the false hope...SP -50% pre earnings announcement & still in penny stock territory. The fact is very little has changed & the companies future remains bleak. IO price spike has certainly helped things along, albeit likely to be short lived. The only fact which is definitive at this point is the GSO offer on the table, the rest pure fluff & speculation. You can bet that Arrium IR team will certainly not engage & provide any form of update beyond what is in the media.

Don't get me wrong, I do hope that a 'rabbit out a hat' moment transpires to give some respite to the long suffering shareholders & employees, yet I think this is a fanciful outcome. Irrespective this whole saga is fascinating & text book management 101 material. Good luck!