Algoma Central Corp T.ALC

Alternate Symbol(s): T.ALC.DB.A | AGMJF

Industrials

Algoma Central Corporation is a Canada-based marine shipping company. The Company owns and operates a fleet of dry and liquid bulk carriers’, serving markets throughout the Great Lakes St. Lawrence Seaway and internationally. Its Domestic Dry-Bulk segment includes the Company’s 18 Canadian dry-bulk carriers. This segment serves industrial sectors, including iron and steel producers, aggregate producers, cement and building material producers, salt producers and agricultural product distributors. The Product Tankers segment fleet consist of seven product tankers employed in Canadian flag service and one international tanker operating in Canada. Its Ocean Self-Unloaders segment consists of eight ocean-going self-unloading vessels and a 25% interest in a ninth selfunloader. Its Global Short Sea Shipping segment, which consists of the Company's NovaAlgoma joint ventures, focuses on niche marine transportation markets featuring specialized equipment or services.

TSX:ALC - Post by User

Algoma Central Corp

Bullboard Posts

Comment by dangoodon Jul 19, 2019 10:00pm

161 Views

Post# 29942225

RE:RE:RE:RE:RE:RE:RE:Special dividend

With the substantial issuer bid last year they had to address the liquidity issue with an independent opinion on liquidity. That being said, microcap stocks in Canada are not being supported much by the public and when the market heads down this companies shares have plummeted in the past so it is always a good time to buy when you see this. Like today.

Bullboard Posts

Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle