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9.09% 5.0¢ albion resources limited

LST and BDR are in a trading halt apparently b/c LST is...

  1. superguru
    8 Posts.
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    14/05/08
    15:35
    Post #: 3712889
    LST and BDR are in a trading halt apparently b/c LST is exercising its pre-emptive right via BDR to buy Cracow. How are they going to fund it?.....by selling their 21% stake in ALB and putting ALB in full takeover play.

    Isn't that like telling the market you have bought a new house before putting your existing house up for sale? Shows enormous confidence by LST that they will sell their ALB stake at a big price....hmmm, isn't ALB just the easiest buy on the market right now.
    ALB Price at posting: 0.0¢ Sentiment: ST Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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