ALB albion resources limited

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  1. RKS
    573 Posts.
    Schlomo,
    it's down 21.43% in London even though the FTSE100 is putting on 1.47%

    The Nickel price seems to have bottomed out for now, but another 10% off and ALB's main mine will no longer be viable. Futures seem to predict a rise.

    But I can't sit around and watch the portfolio dive. I've been sell-buying on a daily basis, sell in the morning, buy at the daily bottom. But the overnight falls have become too severe.

    The sell-buy is a good move if you think the price is falling. You can rebuy at the bottom and pocket the difference or increase your holding for free :)

    I'm never THAT sure, so I sell-buy (speculate) on half my holding and that has been a saving grace during the downturn.

    But I have long since run out of investment funds so I'll just watch for a while and go back in when the bottom is finally reached.

    Robert

    PS DOW futures up (Lateline Business)
 
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Last
5.5¢
Change
-0.002(3.51%)
Mkt cap ! $7.256M
Open High Low Value Volume
5.4¢ 5.5¢ 5.3¢ $6.582K 121.9K

Buyers (Bids)

No. Vol. Price($)
1 100000 5.0¢
 

Sellers (Offers)

Price($) Vol. No.
5.3¢ 90000 1
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Last trade - 13.16pm 30/06/2025 (20 minute delay) ?
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