ALC 5.48% 6.9¢ alcidion group limited

Ann: Alcidion to present at ASX Breakfast Event, page-122

  1. 835 Posts.
    lightbulb Created with Sketch. 1716
    I am just a little fish swimming in a very big ocean

    Having said that, I am very surprised by the share price movement today given the market is deep in the red.

    As Dicebat wonderfully articulated, our heads are all messed up trying to read the tea leaves and price action.

    As I type this, the share price closed a pip lower on a very small volume transaction. This has been happening for a while now. Somehow, I feel someone is messing with our heads.

    Any instos buying, if any, is also, in my opinion, likely to occur only in May or June (or even in the new financial year) after the institutional engagement roadshow.

    Given how much the share price has fallen with most of us in the red, there could be further price pressure due to tax selling unless this is offset by positive announcement(s).
    Last edited by composer: 23/03/18
 
watchlist Created with Sketch. Add ALC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.