ALB albion resources limited

does the uk lead or follow

  1. RKS
    573 Posts.
    Does the UK Lead or Follow?

    I've been watching the UK listing of Albidon recently and I am not sure if ALD (as it is in the British market) is leading or following ALB but I am leaning toward 'follow'.

    Tonight ALD is down 34.21%, mirroring the 33.33% it fell on Australian markets today.

    I went back into ALB today when it was down 25% and it rewarded my loyalty by dropping another 10%. Am not impressed - that is a huge drop (was as low as -36.11%).

    I'm thinking I should take a hit tomorrow and leave ALB once and for all. But the buy-sell ratio is favouring buy with 598k sought and 369k offered. Thus far Europe is mixed with UK down 0.71% after starting slightly positive, CAC and DAX down about 1.5%. But if the USA doesn't tank too badly I'd expect a pickup in ALB.

    But as I say, if it keeps dropping when all around is holding then I want to see a reason for the downward trend or I'm out of here...

    Robert
 
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(20min delay)
Last
7.4¢
Change
0.004(5.71%)
Mkt cap ! $10.52M
Open High Low Value Volume
7.2¢ 7.4¢ 7.2¢ $14.55K 201.3K

Buyers (Bids)

No. Vol. Price($)
1 49295 7.1¢
 

Sellers (Offers)

Price($) Vol. No.
7.4¢ 47669 1
View Market Depth
Last trade - 15.50pm 17/09/2025 (20 minute delay) ?
ALB (ASX) Chart
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