AWC 0.00% $1.45 alumina limited

News: AWC UPDATE 1-Alcoa to mothball Western Australia alumina refinery, up to 1050 staff at risk, page-13

  1. 822 Posts.
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    Interesting price action post the 17% increase day. All gains off the back of the positive announcement has been reversed and price back to touching the previous channel. Volumes have substantially dropped off (30m shares on 10 Jan vs less than 2m today).

    Might test the channel for support again. Would be good to see the financials from Alcoa tonight. Might be interesting week.
 
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