another new 52 week low, page-3

Boy, 12, tries to take over ALB with his lunch money
"I was going to buy them out, but then when lunch time came I got hungry and bought a pie instead".

Well, not quite, not yet. But I think this story is already plausible for a number of good companies on the ASX, so there is always someone worse off than you (unless you happen to be that someone...)

ALB is still worth around $3.50 per share, but in this market it is trading for less than a tenth of its true value. Let's just hope that asset stripping doesn't stain the economy like it once did.

Robert