Hi All
I'm new to Hot Copper and to be honest I never normally post on forums.
I have been prompted to join and post because I see a pressing need to exert more shareholder pressure on the management of Albidon.
I'm not going to lay out the reasons that this needs to be done or any calculations for how woefully below fair value this share is, others have already done that admirably.
What I want to say is this is OUR company and we have the right to be heard.
If you invested in a friend's restaurant, car dealership or small business, would you sit idly by while it was completely mis-managed in front of your eyes? Of course not! This is no different.
Yes, our individual holdings are small, but Jinchuan only holds just over 50% of the company, meaning that the rest of us own almost half. That's potentially a big voice...
I guess some of you maybe think that we just won't be listened to, but I don't believe that for a second. I participated in the first email campaign in the run up to the AGM and I am CERTAIN that Jinchuan would not have given up half the notes without that pressure.
Others reading this forum may think that those of us agitating for change are just crackpots - well, even if that's the case let's just consider the cost/benefit of your potential participation...
Imagine this scenario:
You own 20,000 shares, current value approx $2,000
You spend a total of 3 hours over the next few weeks sending emails and reading replies.
We succeed and the notes are cancelled.
Share price rallies to $0.50 over the next couple months. (conservative estimate as they would still be approx 40-50% undervalued)
Your shares now worth $10,000
Net gain, $8,000
Total expenses to you $0.00
Total time spent 3 hours
Your hourly rate of pay: $2667.00 per hour.
Now, I don't know about you, but that is a LOT more than I earn an hour.
It's as simple as that.
Potential upside: thousands of dollars
Potential downside: you lose 3 hours.
I work 12 hours days between my day job and other businesses I have set up, so BELIEVE me I know time is limited. That is exactly why I take a COMPLETELY DISPASSIONATE and cold view of the cost/benefit of spending my time on this. I believe this represents an excellent potential return on the investment of my time.
Bottom line: you have EVERYTHING to gain and almost NOTHING to lose.
So PLEASE, participate in this shareholder action campaign, email the company and get in touch with albidon action group who can update you in more detail(details below).
albidon dot action at hotmail dot com
substitute the dots for a '.' and the 'at' for @
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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($) | Vol. | No. |
---|---|---|
5.6¢ | 90000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 16805 | 0.054 |
1 | 49999 | 0.053 |
1 | 30000 | 0.051 |
2 | 145000 | 0.049 |
1 | 22222 | 0.045 |
Price($) | Vol. | No. |
---|---|---|
0.056 | 90000 | 1 |
0.057 | 121825 | 2 |
0.059 | 50001 | 1 |
0.065 | 12500 | 1 |
0.070 | 200000 | 1 |
Last trade - 15.02pm 27/06/2025 (20 minute delay) ? |
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ALB (ASX) Chart |
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PAR
PARADIGM BIOPHARMACEUTICALS LIMITED..
Paul Rennie, MD & Founder
Paul Rennie
MD & Founder
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