ALC 1.85% 5.5¢ alcidion group limited

General Discussion / Social Media, page-453

  1. 530 Posts.
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    I believe there are a few reasons why the share price has been siting under 5 cents for a while..

    1. Class B Milestone will be met - which means there will be another around 150 millions shares to be issued, and NB will get around 11 millions shares.
    2. Bluesky holding - Like most people said here if they don't exit and the share price will likely to stay around this level.
    3. Low cash reserve + high cash outflow - Instos will need to see consistent high customer receipts each quarter before they will pour money into this company. Otherwise a capital raising is on the cards now.


 
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Last
5.5¢
Change
0.001(1.85%)
Mkt cap ! $73.83M
Open High Low Value Volume
5.5¢ 5.5¢ 5.0¢ $67.14K 1.296M

Buyers (Bids)

No. Vol. Price($)
1 111379 5.5¢
 

Sellers (Offers)

Price($) Vol. No.
5.6¢ 53570 1
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Last trade - 15.46pm 19/07/2024 (20 minute delay) ?
ALC (ASX) Chart
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