AWC 0.00% $1.45 alumina limited

entitlement offer, page-6

  1. 2,630 Posts.
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    Need for more capital not a big surprise - to a certain degree would have been discounted in the stock. I suspect it will resume trading at around $1.25 and maybe end the day a cent or two above that level. I shall be taking my offer up - but am well under water on this one.

    I rather fancy Aluminium has been unfairly dealt with by the carbon traders and a re-think will occur providing an upward kick to the sp. Aluminium used to be described as solidified energy - a not unreasonable description as once made, the embedded energy in this etraordinarily useful, easily recycled, light weight metal is effectively re-used countless times, saving much energy as it goes through its economic life (maybe as much as a hundred yesrs). The proverbial penny will drop - probably soon.
 
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