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

Bluescope, BSL, was dumped to 25c, equivalent $1.50 two years...

  1. 34,304 Posts.
    lightbulb Created with Sketch. 8997
    Bluescope, BSL, was dumped to 25c, equivalent $1.50 two years ago, then bounced to $6.60, currently trades at $5.60

    Arrium/One Steel, currently hit new multiyear low, it is very likely to recover some.
    Thats probably why UBS already bought $180m ARI @48c, plus incoming underwritten of retailers entitlement.
    ARIR trading over 0.7c is also a good sign.
    to-be chair load another 250k shares on-market is a good indicator.

    I expect ARI to bounce Monday.
 
watchlist Created with Sketch. Add ARI (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.