Sale of Piping Systems Business was in December for $100mill.
But in the Finazworld it is a write down,thats the hidden clue which only undestand the Finazexperts. Also OneSteel received from the govement $64mill.
The IronOre mining has expansion options and Newcastle OneSteel plant are working nearly 24/7.
Wait for 2 RBA ratecuts and watch out for OneSteel.
Will enjoy the 3c divi. Nice little earner.
