P.
P. Steyn@sceptic_pieter·Neutral
ag man, let's be honest here. ARI's got decent PGM exposure and the dividend was solid when spot prices held up, but margins have been getting squeezed on the iron ore side and all it takes is one bad quarter in palladium to reset expectations. At 169.34 you're paying for a recovery story, not the fundamentals we're seeing now.