Despite a steep fall in Alcoa's price, AWC's price has fallen even further and now down near book value. And you couldn't replicate these assets even close to book value.
So just thinking that now would be a perfect time for Alcoa to clean up this inefficient structure. The exchange ratio hasn't been this attractive for Alcoa for ages (if at all)!
Just my opinion
Should Alcoa bid for AWC?
Add AWC (ASX) to my watchlist
 (20min delay)
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Last
$1.60 |
Change
0.010(0.63%) |
Mkt cap ! $4.628B | |||
| Open | High | Low | Value | Volume |
| $1.59 | $1.61 | $1.58 | $3.496M | 2.188M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 44 | 96341 | $1.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.61 | 45549 | 37 |
View Market Depth
| Last trade - 12.38pm 07/05/2024 (20 minute delay) ? |
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Last
$1.60 |
Change
0.010 ( 1.70 %) |
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| Open | High | Low | Volume | ||
| $1.59 | $1.61 | $1.57 | 819363 | ||
| Last updated 12.57pm 07/05/2024 ? | |||||
| AWC (ASX) Chart |