ALB albion resources limited

Of course these notes are the main factor that will stymie the...

  1. 215 Posts.
    Of course these notes are the main factor that will stymie the share price going forward, we will never even approach 50% of fair value whilst they remain in place. If fair value is $1 with today's number of shares in issue, add in the notes with the potential for a truly massive dilution of 100% with associated capital raising, plus the enormous uncertainty they create in the eyes of the market, & the share price will be lucky to get past 30c. It is obvious to any market professional that these notes have kept, & will continue to keep, the share price artificially depressed.

    This review has promised to address all areas for shareholder value, the notes are a primary area to tackle first. They have ALL to be got rid of via exchange for standard debt, that the other news which is hopefully to follow is not wasted whilst the market continues to worry about these notes. They really the elephant in the ALB room.
 
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(20min delay)
Last
5.7¢
Change
0.000(0.00%)
Mkt cap ! $7.520M
Open High Low Value Volume
5.7¢ 5.7¢ 5.4¢ $21.73K 384.7K

Buyers (Bids)

No. Vol. Price($)
1 16805 5.4¢
 

Sellers (Offers)

Price($) Vol. No.
5.6¢ 90000 1
View Market Depth
Last trade - 15.02pm 27/06/2025 (20 minute delay) ?
ALB (ASX) Chart
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