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interesting to see AWC got a lift ( possibly on the news of a strike by Canadian workers at the RIO smelter )

i thought that news might have been over-looked , although CSR lifted 2% today as well , maybe some are being very vigilant
 
divs4ever said:
interesting to see AWC got a lift ( possibly on the news of a strike by Canadian workers at the RIO smelter )

i thought that news might have been over-looked , although CSR lifted 2% today as well , maybe some are being very vigilant
Click to expand...
Indeed @divs4ever

A +5% daily rise/gap on Open for a $5 billion dollar Company is not exactly small change .... $250 million rise on their market cap :wideyed:
 
i didn't say the rise was unimportant , but was surprised the market moved so strongly given aluminium production is energy intensive , and other energy use initiatives elsewhere
 
divs4ever said:
i didn't say the rise was unimportant , but was surprised the market moved so strongly given aluminium production is energy intensive , and other energy use initiatives elsewhere
Click to expand...
All good D-4. I certainly wasn't trying to indicate anything re your comment. Sorry if it seemed that way.

I hadn't noticed the rise on AWC till you mentioned it. I was just making a general observation on how much "paper" wealth can be generated when a Large-Cap has a decent rise.

I tend to wander around the Spec end of the market, so a $250 million paper rise in a day is likely multiples of the total market cap of any Stock I follow, lol. That what this little wide-eyed guy was trying to get at :wideyed: Cheers M8
 
all is good , i wasn't rattled

but was worried others were missing the bigger picture

i hold several NZ power companies and noticed that some of them are trying to cope with an impeding NZ smelter closure

you have one agenda searching for clean power and NZ uses a lot of hydro and geothermal BUT they are closing a smelter , and you can't tell me NZ wages are higher than Canadian wages
and now AWC gets a jump and CSR gets a lesser boost also
 
ALSO trying to tilt new investment cash towards a clean energy agenda , is NOT very profit effective
 

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