ALB 0.00% 4.1¢ albion resources limited

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  1. 79 Posts.
    Close Today $2.94 down 8.4% didn't think the nickel price fell by that much last night ??? Short Sellers back again I think. Forcing weak hands out or manipulating the share price to accumulate cheap stock in anticipation of the much awaited takeover bid.
    Lion Selection has indicated it intended to sell
    it's 20.5% stake at a premium to the market priceeveryone knows that they even put an indicated price range on one of it's ASX announcement's of between $4.50 - $5.50 when the share price was $3.94.
    Been in a downtrend since high of $5.10 May 30 was hit I would like to think announcement by Lion Selection would
    send the short sellers running for cover. It won't happen overnight but it will happen !!!
 
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