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

UBS way off the money on Arrium raising, page-2

  1. 2,571 Posts.
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    What a great insight into the stock market world of financial destruction.
    On one hand you have the "Company" on the other hand you have the "Financial institutions". If you read between the lines, there is not a lot of difference between the licensed financial institution and the federal government control of Legal Prostitution, regulated to provide a service, knowing full well that someone is going to get screwed.

    This takes us back to the article, and for all those who have given the trust of your hard earn to the Arrium board, especially since the board announced all was a bed of roses and the cheque is in the post, as if dangling the carrot to lure you in for an inducement of pleasure and pain!

    Now we have a licensed Financial Institution, a board of panic merchants, falling iron ore prices with one common denominator-no bloody idea of what to do next.

    The sub underwriters have a grand plan - to kill the hand that feeds, leaving everyone with a sour taste in your mouth.

    Enjoy the the experience as for what it is. One large bowl of cluster dust, to put it politely.

    DYOR
 
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