With the current depressed Aluminium prices, they are minimising costs, stopping dividends to preserve capital.
Takeover rumours keep coming up as the cost to build, over runs, labour, time.... that the AWC Assets have, it is more productive to purchase established assets, at depressed prices.
No that long ago they were valued at $8-9, with the Aluminium prices being high (Peak).
IMO they will rebound as the price of Aluminium increases. They will rebound quicker as they can bring production onstream quicker.
Go you good thing.
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