Good day for AWC and our market has outperformed USA and we have dropped more than the world for weeks.
Market may finally take notice of the positive impact on lower A dollar for AWC bottom line profit!!
It is good to see and positive sign that AWC has outperformed the market today.
Now just a matter of waiting to see if the move sideways will continue for a while and forming a strong base to jump higher.
Consolidation is needed and with lower A dollar in the coming weeks or months may finally push the valuation cheaper and profit higher and market will have to rerate AWC and this could be tha catalyst AWC needs to break 1 and pass 1 dollar.
I am surprised to see that AWC is still under 1 dollar as their profit has gone higher due to much lower A dollar...
this will have to change in time.
Cheers,
Good day for AWC and our market has outperformed USA and we have...
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