George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Haha yeah.. :/
I think if it's going to happen it'll be this year, otherwise it's likely the turnaround (if it goes to plan) will be well and truly beyond green shoots. Never say never I just think the time would be this year if it'll happen. Otherwise we will back making profit, growing revenues and sat at £15 a share 😉💪
I mean if the BOD were that confident of FY25 guidance and beyond in terms of the margins back to pre COVID, profitable and revenue growing business there would be absolutely no reason to sell this unless an offer was realistic not opportunistic. Share prices are in the gutter for a reason, they won't remain there..
It's not beyond the realms of possibility though it would have to be very good I feel for the bod to even consider and then disclose it as then it would mean they are serious. I don't see it myself but it's always lurking whilst the turnaround is ongoing..
Let's see how long this overhang takes to clear ehh. Plenty of buying the last few days or so, but clearly a lot of shares bouncing around. Hopefully some sort of court decision before the summer and some updates from both projects should spur a bit of activity :/ lol