TSXV:AGA.H - Post by User
Comment by
dieter216on Mar 21, 2006 11:25am
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Post# 10539251
RE: Chart looks strong
RE: Chart looks strongWe should be testing our 52 week high like the rest of the steel co's. Look at the run that Gerdeau, Ipsco and others have had over last 2 months.
Algoma has always lagged the others for some reason, but will follow.
We should see $36.00 + soon and be over $40.00 by the time the $5.00
share dividend gets paid out b/4 June 30th.
I'm holding out for a takeover. Algoma with it's current debt free structure, sound management, it's a cash cow. Consolidation within the Industry will continue for years. It's only a matter of time.