ALC 3.47% 7.5¢ alcidion group limited

Ann: 3-year deal signed with digital exemplar NHS trust Taunton, page-59

  1. 5,786 Posts.
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    Mauombo,

    I think people generally get concerned when they see announcements that show an increase in revenues and the likely hood that more deals will be done because of this particular deal and yet they watch an avalanche of stock being sold into the market on the back of that news.
    over 6 million sold yesterday which is a substantial amount greater then the last 5 days and it managed to finish below the recent placement price which I thought at the time was mighty generous compared to where we had previously been trading..

    Only ALC management will know if there is a major seller out there and if there is, it might be a good idea to try and address it. I think the story is too good to be trading at these current levels . If we drop another 2c we will be half the price we were a few months ago, having MORE money in the bank and MORE revenues coming in then what we had when we were previously trading at 30c. That tells me we were either way, way overvalued back then or we are way, way too cheap now. Everyone can decide for themselves where they sit.
 
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Last
7.5¢
Change
0.003(3.47%)
Mkt cap ! $102.0M
Open High Low Value Volume
7.6¢ 7.6¢ 7.4¢ $81.19K 1.081M

Buyers (Bids)

No. Vol. Price($)
1 12184 7.3¢
 

Sellers (Offers)

Price($) Vol. No.
7.5¢ 72 1
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Last trade - 13.00pm 16/08/2024 (20 minute delay) ?
ALC (ASX) Chart
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