What I was getting at was its 'new ASX life'- post administation / trading halt here in Aust.
With the mighty chinese metal hungry giant steering the ship now that is or at least was ALB, it should begin trading back on the ASX here from the info ive seen, around early to mid September 09. My understanding is at this stage, that ALB will be re-launched in 'as is' condition meaning all shares held by shareholders prior to the administrators stepping in, will still be there & still be worth whatever the share begins trading at on day 1. Heres hoping that theres enough hype around to make them start strong as there are a lot of people who have really done there arse's on this stock atm...
I have no doubt that in the much anticipated arrival of ALB back to trading, that there will be a steady stream of solid, informative announcements delivered with pin point accuracy by the company to a hungry market keen to feed money into a 'new streamlined' version of what was already there before...
Hope this helps
ALB Price at posting:
3.9¢ Sentiment: None Disclosure: Held
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