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Bullboard - Stock Discussion Forum Algoma Steel Group Ord Shs T.ASTL

Alternate Symbol(s):  ASTL | ASTLW | T.ASTL.WT

Algoma Steel Group Inc. is a Canada-based integrated producer of hot and cold rolled steel products including sheet and plate. The Company delivers responsive, customer-driven product solutions for applications in the automotive, construction, energy, defense, and manufacturing sectors. It is a key supplier of steel products to customers in North America and is the producer of discrete plate... see more

TSX:ASTL - Post Discussion

Algoma Steel Group Ord Shs > HR Steel price moving up
View:
Post by lifeisgood1010 on Jan 17, 2023 10:30am

HR Steel price moving up

We shall see where this takes us.In the mean time, an England based fund just took a 5.3% stake
in Algoma.This was reported on a 13g report on Edgar dated Jan.12th 2023

Polus Capital Management currently manages approximately $9 billion in assets on behalf of institutional investors across the globe and has a team of over 30 investment professionals. The firm invests flexibly across the capital structure and liquidity spectrum, focusing on three complementary strategies: Leveraged Credit, Special Situations, and Structured Credit. Following the rebrand, Polus’ primary objective will remain to deliver strong risk-adjusted returns to its investors across each of these areas by remaining laser focused on its core competencies of deep fundamental credit analysis, active portfolio management, and robust risk management.
 
SHARED DISPOSITIVE POWER 5,483,119 /103,854,574 ou 5.3%

 
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