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Share Name | Share Symbol | Market | Stock Type |
---|---|---|---|
Albert Technologies Ltd | ALB | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
---|---|---|---|---|
8.00 | 8.00 |
Top Posts |
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Posted at 16/7/2019 13:23 by smithless Bakunin, I totally agree with you. I hate the management of companies that call GM's to delist, mostly based on dishonest reasons. ALB don't have to delist and its reasons are suspect. I have seen a lot of delisting over the years and fortunately, I have only been impacted by a few. I have only seen one which didn't get the 75% required to delist (I and others fought hard as the management only had a smallholding and inst inv were so fed up with managements lies), which later went on to delist anyway, because it couldn't issue its accounts under aim rules and later on went bust - more than one way to delist. The thing with delisting, its 75% of the votes cast at the GM, not 75% of the shares in issue. So if Or Shani and his mates have say 50% of the allocated shares and only 80% in total bother to vote, the board will get its 75% - unfortunately, this scenario happens more often than not! |
Posted at 16/7/2019 12:43 by bakunin smithlessI could agree with everything you said apart from the final sentence. That makes it sound like you are one of the "beneficiaries" who want to "convince" shareholders to just accept this theft as bad luck. Why should investors just move on and let the company's technology be picked up for a song? ALB still have plenty of cash and the technology is substantially developed. WAND is a perfect case study in adapting cash spend at the same stage of evolution. The fact is that the company "owners" are intent on theft. In fact, they will only get away with this because of the corrupt British stock market nominee system. Any PI with shares in a nominee account will find that they are voting in favour of what the "owners" want irrespective of their wishes or what they attempt to do. Has anyone ever actually seen accountability for votes cast in a shareholder vote? Look at the Articles of Association of a typical company and you will find that they count hands raised! |
Posted at 10/4/2019 19:18 by rambutan2 Overhang cleared as PE backer sells final tranche, with Mr Griffiths taking them: |
Posted at 10/1/2019 15:03 by rambutan2 So that was Richard Griffiths taking the 500k at 23p yesterday, to take his stake over 10%. |
Posted at 27/9/2018 16:11 by fillipe Chairman bought yesterday and today the Chief Revenue Officer at ALB has taken (wow!) 214k shares....serious money, so perhaps the downward drift is reversing.Quite some "Initial Notification"... Note it was bought in US$ dollars, with the stated Sterling equivalent of 28p. Also to note the Chairman's family member bought yesterday...a 50k lot, in addition to the existing family holding. f |
Posted at 12/12/2006 16:28 by wh0sthedaddy bit of life in the old dog...?A lot of this news is nothing to do with ALB, but here it is anyway... |
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