Have a look at the wording:"the Albion Board retains the right...

Have a look at the wording:
"the Albion Board retains the right to place any Shortfall to any person at their absolute discretion within 3 months after the closing date of the Entitlement Offer, at the same issue price of $0.001 (0.1 cents) per option."

Now do you understand a different purpose of this options issue - not to reward 3 months worth of loyalty - but to create an opportunity to issue millions of "Shortfall" options to insiders at a minuscule 0.1cents (compared to fair value of maybe 5-7 cents). There is no need at all to have this ability to issue "Shortfall" options - just issuing the loyalty ones is enough to reward 3 months loyalty.

I had been considering investing in this company, but this action leads me to question whether the Board and management would be always acting in the interests of all shareholders (always a key criterion for me in a new investment).

All IMO, and happy to hear views on this.