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clock Created with Sketch. 27/05/21
19:25
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Originally posted by vatulele:
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To state the obvious, it is the uncertainty going forward that has killed the share price. Freight rate increases have erased the profit margin and the weak bauxite price recovery combined with a stronger A$ have not helped.
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It would have been less damaging to the share price if they raised capital when they realised the problems. I wonder whether the CFO quit the job after trying to raise money or he jumped off the ship before trying.
