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David Lee Palumbo Ceases to be Substantial Holder in Albion Resources
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David Lee Palumbo Ceases to be Substantial Holder in Albion Resources

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Invest with Confidence:

An announcement from Albion Resources Ltd. ( (AU:ALB) ) is now available.

Albion Resources Ltd. has announced that David Lee Palumbo is no longer a substantial holder in the company as of January 29, 2025. This change follows a series of transactions involving Palumbo, including entitlement offers and placements. The dilution of shares also contributed to this change. This announcement may affect stakeholders’ perception of the company’s shareholder structure and raises questions about future strategic directions.

More about Albion Resources Ltd.

YTD Price Performance: 2.50%

Average Trading Volume: 178,065

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$3.34M

See more data about ALB stock on TipRanks’ Stock Analysis page.

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