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Aluminum WTF?
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Posted 10/16/2018 23:11 (#7051041 - in reply to #7050054)
Subject: RE: Aluminum WTF?



SoYouWant2FarmEh... - 10/16/2018 11:22  "What wasn’t mentioned...
And when the tariffs went into effect? Boom—instant profit, in the tens of millions. Next year could be even more lucrative for Glencore and Century. A financial analysis by Bloomberg projects Century will enjoy record revenue in 2019. That will be good news for several hundred workers in Kentucky and South Carolina—and even better for traders in Zug, Switzerland."


What wasn't mentioned is the share price of Century since the tariff was announced, and the "instant profit".

Share price went from $20.4(March) to $9.85(current).

Glencore is down, but not so dramatically. 

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