The board of Alumina is irrelevant as what Alcoa says goes. So their opinion is as good as ours.
They'll be no buy back. All this company does is issue shares to build projects advanced by Alcoa.
It will bounce back up when the markets rise again ... so don't buy until it starts to tick up ... as this stock can drop to below 50 in a flash.
half year results, page-10
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