AWC 5.97% $1.42 alumina limited

You should be thinking longer term. Get a financial planner to...

  1. 3,134 Posts.
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    You should be thinking longer term. Get a financial planner to advise on shares would be my advice.

    AWC are spending on infrastructure for the next 3 years. That money as I understand it is coming out of the dividends.


    Shares go up and down. I see it as a bargain price now but could just as easily drop below $2 a share.

    I think longer term. Give it 4 years by which time the dividends will start to rise but that also assume the aluminium price

    will be higher. I would say the stock may well be over $4 in 4 years time. Other stocks that are over $4 now don't give as good dividends as AWC do now and that is with a cut of their div's due to infrastructure spending.


    Aluminium up to $1775 and up $22 over night.


    AWC does good dividends so give it 10 years and the shares may well pay for what ever you buy now is the way I think.

    I bought 10,000 of these many years ago and they paid for themselves from dividends alone. The ones I bought lately were at a higher price than they are now. Some that bought higher may panic and sell but I do not think that way for these shares.


    AWC is a good rock solid company in my view.


    Seen many stock crashes over the time I've owned AWC.

 
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Last
$1.42
Change
0.080(5.97%)
Mkt cap ! $4.120B
Open High Low Value Volume
$1.39 $1.44 $1.39 $42.03M 29.60M

Buyers (Bids)

No. Vol. Price($)
3 215563 $1.42
 

Sellers (Offers)

Price($) Vol. No.
$1.43 1446299 19
View Market Depth
Last trade - 16.10pm 28/03/2024 (20 minute delay) ?
Last
$1.43
  Change
0.080 ( 6.93 %)
Open High Low Volume
$1.39 $1.44 $1.39 5140606
Last updated 15.59pm 28/03/2024 ?
AWC (ASX) Chart
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