The stars are aligning for a Takeover?

These are my reasons as to why its RIPE for a TAKEOVER

1. Share Price is at a an all time low
2. Its trading well below 50,100 and 200 day moving average
3. They are pretty much debt free
4. Will be cashflow positive in 2016
5. Have Alcoa PArtnership so FIRB will provide little resistence
6. Have Citic Chinese on their register as a competing BIDDER
7. Wouldn't rule out BHP or RIO having a crack for the Alcoa World Alumina Chemicals AWAC since they are already have an interest in this Venture.
8. Its Just gone ex dividend and perfect time to buy when others are selling.
9. Alcoa could pounce quickly see below.
10. A bid of $1.70 would be cheap and I'd imagine this to be worth $2.50 minimum


Because Alcoa is the 60 per cent managing partner in AWAC and AWAC is Alumina's only undertaking, there will be no need for a lengthy due diligence by Alcoa. And because it already controls all AWAC's production, there would be no competition hurdles to clear with regulators.


Because Alcoa is the 60 per cent managing partner in AWAC and AWAC is Alumina's only undertaking, there will be no need for a lengthy due diligence by Alcoa. And because it already controls all AWAC's production, there would be no competition hurdles to clear with regulators.