no dividend in fact they doing a reverse split of 7 to 1 and because alu are down partly because of a strong dollar and 600 million in debt whiich startst to become due 2019 this means its a buy because it is stil cash flow positive but anything can happen including bankruptcy because Apollo rapped NOR for a few years
Planned for nor bankruptcy the assets will be sold at junkyard sale
and the new private company that buys the assets will win, when alu prices start to rise unless the management finds a buyer at $1.50 or more , who take on the debt maybe their only hope and if it should happen and you have 1000000 shares .at .40 consider yourself lucky with a buy at $1.50 of course it will adjust to the reverse split or splat ----need to fart now to much gas you know-----
Sentiment: Strong Buy
Noranda is next the genius that run this company and Apollo took the shareholders for a ride the price of ALU
is to low, the dept to high, cost savings to late. this company will not be sold with the debt it will file bankruptcy first and then sold. that is he way its done !! the truthful liars, screwed the retail shareholders because the fund guys and bankers are all part of the scam. This company has value only after it's dead. the insiders that buy, only doing it , to keep the scam going, so in court that can say they tried everything to save the company. Happens all the time. i am so sorry that I ever bought NORANDA. where are the lawsuits ?
hey nick, you must admit , nickstadumeass was pretty funny , but Iam with you something big better happen this stock below a dollar stinks