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ALCO Alico

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29.800
-0.340-1.13%

Close Jan 8 16:00 ET

29.800
0.0000.00%

Post 16:00 ET

227.47MMarket Cap32.75P/E (TTM)

Alico Stock Forum

Jessica Amir

Mar 11, 2024 21:58

Alumina shares surge 8% on Alcoa agreeing to takeover the ASX junior player. This is the tip of the iceberg with Aussie M&As picking up

US aluminum producer Alcoa Co $Alico (ALCO.US)$ entered into a binding agreement to takeover its long term JV partnerAlumina $Alumina Ltd (AWC.AU)$, for $2.2 billion to consolidate its ownership of its key upstream assets. Why? Well Alcoa sees long-term demand rising for the metal.
Today's news sent the ASX stock $Alumina Ltd (AWC.AU)$ roaring up 8%. But now it appe...

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PipSterlings

Jul 15, 2021 19:29

$Alico (ALCO.US)$
A high level of profit to be raked from this stock

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