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Smedley defends Arrium's position

2014-11-17 06:38:57| Industrial Machines - Topix.net

Peter Smedley has used his final address as Arrium chairman to tell shareholders the company is better off since September's controversial $754 million capital raising. The raising was undersubscribed by 20 per cent and triggered a share price collapse to its current all-time low.

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