I am not the least surprised if it goes over $1.50 next week. Just look at BBG, it has already double. Good quality stocks are often over sold because of shorts. What it is worth to a company like Tata Steel is anyone guess, but it won't come cheap. At this level, as a take over target, it is certainly very cheap.DYOR/IMHO I have high expectations of OST whether as a manufacturing concern in the long term or as a miner. It's assets is worth some money.The losses are written down assets only, not cash flow negatives.
OST Price at posting:
$1.15 Sentiment: LT Buy Disclosure: Held