AWC
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0.00% $1.45 alumina limited

dividend, page-3

  1. reddragon
    1,419 Posts.
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    14/01/13
    13:29
    Post #: 11286603
    Not a chance.
    They will make a loss
    $20m dividend from AWAC wont cover admin and capital requirements.
    Just because the sp is rising doesnt mean the company has strong cash flow at the moment. This is a turn around play, a lot has to go right for the dividend to be reinstated.
    The board is still doing its best to avoid a cap raising.
    Been a great turnaround since 60c.
    AWC Price at posting: $1.13 Sentiment: None Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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