ALB albion resources limited

Interesting replies, thanks. Drunken Sailor, interesting...

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    Interesting replies, thanks.

    Drunken Sailor, interesting comments about the pound, but you must be kidding!

    I think we have seen the high for the Aus (v Pound), for metal prices and for the market (for the first 6 months anyway).

    Last year saw a huge rally on the back of stimulus packages, Quan Easing in the US/UK, low rates, etc. This is slowly coming to an end, 2010 will not be a Fed market, it won't be a free market either. The US need someone to buy their bonds, now that they won't be monetising them. The strength of the dollar recently (trending up), which has been reinforced by the Fed raising rates (emergency window) this week which will see lower commodity prices, lower share market and treasuries as an appealing investment as other stuff will be going down (note: I am not saying a crash, just down.)

    anyway, none of that changes too much here, except broader market sentiment. Relist is merely a game of supply and demand, who knows where that will end up, except to say I would buy under 5 cents.
 
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(20min delay)
Last
11.5¢
Change
0.046(66.7%)
Mkt cap ! $15.17M
Open High Low Value Volume
13.0¢ 15.5¢ 11.0¢ $4.831M 35.30M

Buyers (Bids)

No. Vol. Price($)
10 908332 11.0¢
 

Sellers (Offers)

Price($) Vol. No.
11.5¢ 239001 4
View Market Depth
Last trade - 16.14pm 25/07/2025 (20 minute delay) ?
ALB (ASX) Chart
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