..Wednesday the day of the half year report..26 million shares traded...Thursday 263million shares traded...Friday 316 million shares traded..this was major selling as the price crashed 40% Thurs and Friday...majors getting out at any price, no one can argue that....
Now, given we know now from weekend reports Whyalla steel furnace is outdated and requires $400million reline..something we did not know...and now Pyne...AND 3 days ago reports " ARRIUM TO MEET LENDERS ON EFFORT TO STAY AFLOAT AS DEBT TOPS $2 BILLION"...So after this stock crashed on huge selling...All this ads up Iny opinion to Trading Halt Monday or Tuesday...I believe maybe Monday could be the last chance to get out...This is lN MY OPINION, however I have never seen such massive panic selling to bail out.....This is my view, and hey been wrong before...bit have picked this one...Good luck everyone.. And I still think management have done a sterling job in adversity..
Only one to blame is the small voice inside that said.
Go on, buy ..its easy money.... blame him his name is Mr M Punter.
What I believe will happen
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