ALC
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0.00% 5.7¢ alcidion group limited

Ann: Trading Halt, page-51

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  1. bcc_100
    1,099 Posts.
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    31/10/23
    19:41
    Post #: 70650808
    Yeah it does seem like they would be better suited to taking out a working capital facility. That being said, this raise is pretty inconsequential beyond not being a great look for management's competence. It seems like they were caught flat footed on the cf outflow.

    Other than that, it's a nothingburger really.
    Last edited by bcc_100: 31/10/23
    ALC Price at posting: 9.7¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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