You've obviously got far too much skin in the game here and are getting totally emotionally involved. You feel the need to defend your investment to all and sundry, even when it is only fact they are pointing out. Let's be honest here, whilst the ALC tech looks very promising (the reason I've invested) their track record has been mediocre at best. More recently the financial management has been terrible and has cost shareholders immensely! They did not plan for casflow shortfall off the back in NHS delays when they really should have seen it coming. This management just cost us all at least 25% of our capital invested by having to raise in a panic in the current market. I really think the CFO needs to go, this mistake just shouldn't happen. The positive is now the share price (if you're still game, but it is plain to see many aren't) and the recent Sth Tees deal. But really now the only thing I can see supporting the share price from here is new deals resulting in additional revenue and let's hope.... profit! Renewals are great but where is the pipeline? Nothing new for bloody ages and yet pipeline gets shoved down our throats every time there is a presentation! ALC need to deliver some new contracts!
ALC Price at posting:
7.3¢ Sentiment: Hold Disclosure: Held
