Alcoa (AAI)

I see Alcoa CDI’s (AAI) are listed on the ASX, but are not very liquid and don’t seem to trade all that often, just wondering why that would be given the size of Alcoa?

With Alcoa splitting, will the old Alcoa and the new company still be listed in Australia?

A: Thanks for the question.

I haven’t been able to track down any information about Alcoa’s intentions with its Australian listed CDI (AAI) post the separation into an “upstream” company and a “value-add” company.

Given the very low liquidity, there must be some considerable doubt as to whether this listing will be retained.


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