I didn't write the story, I just copied and pasted from a analyst report.
As far as "aluminium is on an uptrend", lets hope you're right.
RIO is suffering too.
The problem is a lot of low cost aluminium is coming onto the market like Press Metal aluminium Malaysia and ALBA aluminium in Bahrain.
South 32's problem is South Africa and the price of power is going to spiral higher.
google ESKOM theres a wealth of information.
I didn't write the story, I just copied and pasted from a...
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$2.96 |
Change
-0.020(0.67%) |
Mkt cap ! $13.40B | |||
| Open | High | Low | Value | Volume |
| $2.99 | $2.99 | $2.91 | $55.71M | 18.83M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 296397 | $2.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.98 | 5524 | 5 |
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| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| S32 (ASX) Chart |