moneymaker, dunworkin Possible of course and the catalyst may...

moneymaker, dunworkin

Possible of course and the catalyst may come from Alcoa report and if they come up with "ok" figure still it will be much higher for AWC bottom line when they put that number in AU dollar which has gotten even weaker again.

Interesting to see if the "fact" that AWC have increased their profit will translate into higher share or rerating of AWC.

Looking at price action it is reasonable to believe that some traders are postioning themselves ahead of this Alcoa numbers....and some took profit or even shorting the stock

TA looks good so lets see what happens next week.
Some predict that AU dollar will fall into the 75s...if that happens the increase in profit for AWC will be massive
but the drop from 1.06 to 91 is already massive.

Cheers,