ALB albion resources limited

The announcement says that the problem is nothing more than a...

  1. RKS
    573 Posts.
    The announcement says that the problem is nothing more than a slow ramp up and a low Nickel price, but they told us as much during the recent suspension and cap raising.

    All the commodities are down at present, but that won't last - oil at $43.70??? That is cheap even at the pre-price rise over the last 18 months - it is now below even its long term trend.

    Other commodities will at least return to long term trends that are now higher than the present prices, so ALB is looking good.

    For those who bought high and have been holding, now is the time to buy low and bring that average price of your holdings down to something respectable - something that will be lower than the SP we'd expect to see by the end of the first quarter of 2009.

    Robert
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
11.5¢
Change
0.046(66.7%)
Mkt cap ! $15.17M
Open High Low Value Volume
13.0¢ 15.5¢ 11.0¢ $4.831M 35.30M

Buyers (Bids)

No. Vol. Price($)
10 908332 11.0¢
 

Sellers (Offers)

Price($) Vol. No.
11.5¢ 239001 4
View Market Depth
Last trade - 16.14pm 25/07/2025 (20 minute delay) ?
ALB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.