RE: Share price23 Mar 2021 17:21
TullyCrow,
I have been with Alba for about five years now and have gone through many placings and always averaged down. However, a placing now will be a disaster for all of us as we already have over 6 billion shares in circulation. Last placing was at 0.375p and for a healthy advance the next one must be at a higher SP.
IMO, a lower placing and you can forget seeing anything over 0.55p ever again, at least not without consolidation.
No, we don’t want one at a lower SP than the previous placing, so just in case Alba is reading this board lets not even contemplate it and scream at any placing at an SP less than the last one.
The only reason that the SP is not higher right now is Alba PR as in my post on “The problem” below. Alba needs to wind in managing expectations and give the market what it needs to improve sentiment.
That is the reason I been banging on Alba PR for a long time now. GF really needs to wake up for shareholders Sake.
If there is a placing at a lower SP than the last one, I for one will cash out at whatever SP and not look back.
Hopefully, we will get the right news next ... and soon. GLTA.