ALB 0.00% 4.5¢ albion resources limited

Boy, 12, tries to take over ALB with his lunch money"I was going...

  1. RKS
    573 Posts.
    Boy, 12, tries to take over ALB with his lunch money
    "I was going to buy them out, but then when lunch time came I got hungry and bought a pie instead".

    Well, not quite, not yet. But I think this story is already plausible for a number of good companies on the ASX, so there is always someone worse off than you (unless you happen to be that someone...)

    ALB is still worth around $3.50 per share, but in this market it is trading for less than a tenth of its true value. Let's just hope that asset stripping doesn't stain the economy like it once did.

    Robert
 
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2 152570 4.5¢
 

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4.9¢ 52045 1
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Last trade - 09.59am 08/11/2024 (20 minute delay) ?
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