rigger Posted July 26, 2015 Report Share Posted July 26, 2015 How low will Anglo Am go? https://uk.finance.yahoo.com/echarts?s=AAL.L#symbol=AAL.L;range=my £7.78 downtrend still intact. Key stats https://uk.finance.yahoo.com/q/ks?s=AAL.L https://uk.finance.yahoo.com/news/commodity-woes-see-ftse-suffer-194950129.html 'Anglo American (LSE: AAL.L - news) hovered at 13-year lows — down 28.4p to 3.5p — as it announced plans to axe thousands of jobs and may offload more assets. Despite the gloomy outlook, analysts at Jefferies believe the mining giant is “positioned to weather the storm”. * Gold price falls again to new five-year low On the mid-cap index, Aggreko (LSE: AGK.L - news) and Lonmin (LSE: LMI.L - news) were hardest hit.' Debt to equity ratio ina sustianed uptrend. Underlying commodity prices in a sustained down trend. Anyone any thoughts no when where how the bottoming process will start? Link to comment Share on other sites More sharing options...
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