quote: What a massive gap up in late October. Was this caused by share consolidation or price movement?
I presume you're referring to WMR.AU. A conditional takeover offer was lodged by Xstrata of Switzerland at $6.35. It had traded at a healthy premium to this since then, suggesting there is anticipation of either Xstrata raising their bid, or a bidding war involving another party. I can't predict where the price is going to go from here (it could go much higher, $9-$12 have been suggested should another bidder eventuate; but settling back to $5/$6 should nothing happen is possible as well). Personally, I'd be somewhat sceptical about buying into another stock for exposure to aluminium when WMR have so much uranium, which they're digging up to extract copper anyway. Obviously I hold WMR, so you should be able to work out which colour my glasses are tinted.