ABZ

Capital Economics in London says commodities will tumble in the next 15 months... except for aluminium.  No reason was given.  But according to the CEO of ABZ, China will have to start finding a new source of the raw material, bauxite.  That is where ABZ is, waiting with the thickest bauxite deposit in Australia (in NSW!).

It is not common for me to buy a stock and make instant paper profit.  And it is even rarer to pick up shares at the trough.  Well, I missed out on the lowest of the day but on  a low trading volume, it has moved up to 32c.  I don't know which way the share price will drift today but I am harbouring this stock for the long term.