AWC 0.00% $1.45 alumina limited

Definitely wont be a divi...they need to be making money...

  1. 25 Posts.
    Definitely wont be a divi...they need to be making money first!!! I think the only thing going with AWC is the lower AUD-US otherwise i think this report on thursday will be a right off...Alum prices atm floating $1800 up a little but if it doesnt break the $1800 mark could see a bit of a struggle in the medium term. The biggest problem is the over supply of alum out of china! if im right could see the SP dropping to 80c...The current climate in the market every ones chasing yield, and AWC has nothing to offer in the short to medium term...maybe in a year from now AWC might get going but short to med term its going to be a challenge with all the head winds facing AWC
 
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Currently unlisted public company.

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