ALB albion resources limited
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Hey @mitis - it is standard when you are issuing shares (at a...

  1. curiouswon
    3,923 Posts.
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    13/08/21
    11:00
    Post #: 55260917
    Hey @mitis - it is standard when you are issuing shares (at a fair price) and want all shares to be taken up - and the company is getting the entirety to the expected proceeds.

    But this is a "Shortfall" options issue at 0.1cents - not a fair price for such options.

    Let me ask you the question, if you were offered "Shortfall" options at 0.1c, how many would you take up?
    I would take up the lot at the "peanuts" price .
    ALB Price at posting: 20.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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