Nero Stevens needs to start heeding the call for an interest rate cut and which is growing stronger on a daily basis. Now the boss of Onesteel has joined the chorus.
An interest rate cut will change the collective mood to something other than the present negative malaise and real benefits for steel makers and general exporters will ensue. The ramifications of an interest rate cut will be enormous, including an improved sharemarket and job security for many.
Shady
KZL Price at posting:
54.0¢ Sentiment: Hold Disclosure: Held