AWC 0.00% $1.45 alumina limited

soaring up the charts in 2011, page-6

  1. 14,061 Posts.
    lightbulb Created with Sketch. 72
    down 13c or 5%
    gee...
    looked at the 24hr commodity price
    it is still up (marginally) .0001 or something
    Alcoa is up marginally after their result

    could it be this (from the announcement)
    "The strong Australian dollar resulted in end of period balance sheet revaluations that impacted second
    half AWAC results by negative US$45 million (pre-tax)"

    average net earnings is about $300m
    might bring them down to $255 or -15%

    that must be it
    the high dollar
    what do you think?
 
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