ALC 3.92% 5.3¢ alcidion group limited

Ann: Alcidion Appendix 4C - quarterly, page-10

  1. 5,776 Posts.
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    rod,

    ""It would be nice to see the SP respond positively to positive news ....
    IMO, a well run and managed company deserves better for its shareholders.""

    The market moves in mysterious ways. Right now it's too interested in playing the little resource stocks that promise a world of riches for those who buy them.
    ALC is just a little company that is actually making money and has 5 million in the bank and carries no debt.
    How boring.

    The volumes or lack of , spell it out in greater detail. The market in general is fascinated with little speccy's that can double or triple in a matter of days. Thats where the money is going. Thats where the traders are playing at this point in time. Quick in and quick out for a quick buck.

    The more contracts that ALC can deliver, the more chance they have of getting some big buyer support who will accumulate and push the market cap higher. I have been crying out for this type of support for quite some time now. Management have to be more proactive in this area to garner support.
    It's a slow process, unless of course they can come out with a bonzer deal that will make everyone sit up and take notice.
 
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Last
5.3¢
Change
0.002(3.92%)
Mkt cap ! $68.46M
Open High Low Value Volume
5.1¢ 5.3¢ 5.1¢ $2.115K 41K

Buyers (Bids)

No. Vol. Price($)
2 140000 5.0¢
 

Sellers (Offers)

Price($) Vol. No.
5.3¢ 175098 2
View Market Depth
Last trade - 10.10am 11/07/2024 (20 minute delay) ?
ALC (ASX) Chart
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