ALB 2.00% 5.1¢ albion resources limited

The company is in $120 million dollars debt. And still burning...

  1. 125 Posts.

    The company is in $120 million dollars debt. And still burning through around 3 million dollars u.s a month. Obviously not producing anything more than more debt as well. This has been sucked dry!!!
    Apparently going to remain listed as well!!!
    There is a small action group going I hear out of the u.k.... good luck with that. If anyone knows anything about that could you let me know? Ive got 5000000 shares in this company and clearly the mismanagement is something that needs to be accounted for!!!
    Im absolutely disgusted with how this company has been handled. Apparently coming out of suspension very soon in the next coming weeks....
    Id say we are about to be diluted ridiculously and there will be some sort of consolidation from there.
    Perhaps my 5m shares at 14c will relist at something like 500k of shares at 7.5c...
    everyone is about to get a big haircut so go buy a beanie coz winter is kicking in!!!
 
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5.1¢ 5.1¢ 5.1¢ $2.26K 44.31K

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2 442527 5.0¢
 

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5.1¢ 5688 1
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Last trade - 11.26am 05/07/2024 (20 minute delay) ?
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