Guys, think about it 1.5 billion shares have been issued at 48Cents. After adjustment on dividend payment I think the value is somewhere at 42-45cents. Surely, with the underlying model of OST, UBS and institutions will take this back above their buy price.
My thought is that with Iron ore stabilizing, at the $80/tonne mark, China will look to restock ore, I think this will start pushing up slowly. That is the reason why I bought in. SO hope it goes up
ARI Price at posting:
33.7¢ Sentiment: Buy Disclosure: Held