I worked in aluminium ind years ago. The reinvigoration of Capral has been of some interest and I have been following trying to decide whether to buy some shares. I was tempted prior to the recapitalisation but kept my hands in my pockets. Glad I did really. However there may still be light at the end of the tunnel depending on the final outcome of the anti dumping investigation. Not with standing history shows previous MDs have made some terrible decisions. Bright side was that even without the initial duty Capral appeared to be returning to profitabilty which shows they can survive with competitiion from off shore. All in all Phil Jobe has done what none of his predecessors could.
CAA Price at posting:
22.5¢ Sentiment: None Disclosure: Not Held
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