ACL
Back to $ACL

Steel prices swing around a lot depending on what's happening in the world, and ACL makes money by selling…by @sister_nomvula on $ACL

NO
Nomvula T.@sister_nomvula·MemberNeutral

Steel prices swing around a lot depending on what's happening in the world, and ACL makes money by selling steel to car factories and builders, so when those industries slow down the share price often falls with it. It's not that the company suddenly became bad, just that people expect it to earn less in the next year or two. What helped me was remembering that a share price isn't magic, it's just what people think the business is worth right now.

View