ALB albion resources limited

Refunds from company from IPO scalebacks, page-5

  1. 1,436 Posts.
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    Plext

    Here is an extract from the Prospectus:

    "The combination of this outstanding exploration portfolio, highly experienced Board with a loyal, long term investor following and lean capital structure has laid the foundations for leverage to any exploration success. The Company intends to further amplify this leverage by undertaking a loyalty options offer in the near future to reward loyal shareholders via the issuance of one 25c option forevery two Shares held at a record date within three months from listing."

    They are well within this 3 month period so from my perspective no cause for panic. This Friday 28th May 2021 will mark 4 weeks since its ASX listing.

    Have highlighted some other key takeaways that we should all pay attention to and remind ourselves why we have backed this company.

    Wolf
 
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