Wouldn't take much from what Dale "Pass the Buck" Rogers
said in October 2008 afterall it is 2011.
The former managing director helped put the company into administration when the previous management unwound a nickel hedge at US $7 a pound when the nickel price fell even further to less than US $4 a pound. All they had to do was issue more shares to raise the capital to repay the banks when Albidon's share price was $3 instead it fell into administration along with its share price to 3.9c .
Dale "Pass the Buck" Rogers jumped ship when the going got tough and that's why recent moves in the company's Management concern me.
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1 | 50000 | 0.048 |
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