ALB albion resources limited
Add to My Watchlist 3.30% ! 8.8¢

So if the Chinese company exercises their options, they would...

  1. danbradster
    7,152 Posts.
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    29/06/11
    21:20
    Post #: 8606180
    So if the Chinese company exercises their options, they would then be over 50%. Would they then be forced to make a takeover bid, in which case they would cease to be an Aussie company and instead be Chinese?

    It seems like they want Albidon to be Aussie, so they wouldn't exercise the options.

    So what are people afraid of, their shares being diluted by half? Or a takeover? Or Albidon failing to be profitable?
    ALB Price at posting: 9.3¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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Last
8.8¢ 		Change
-0.003(3.30%) 		Mkt cap ! $11.61M
Open High Low Value Volume
9.2¢ 9.9¢ 8.8¢ $174.8K 1.887M

Buyers (Bids)

No. Vol. Price($)
1 60864 8.8¢
 

Sellers (Offers)

Price($) Vol. No.
9.5¢ 63211 2
View Market Depth
Last trade - 16.10pm 30/07/2025 (20 minute delay) ?
ALB (ASX) Chart
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