General Discussion / Social Media, page-6214

Having done my research in this sector, there are numerous products similar to Alcidion's, and in fact, some offer better solutions with stronger marketing appeal. There are large health tech companies like Epic, InterSystems, Oracle, etc., that have solid products, people, processes, and significant funds for R&D. Then there are startups with modern products, lower operating expenses, and driven, hungry teams and management. Finally, there are companies like Alcidion, which have a small customer base, a standard product, and experienced management on paper but lack experience in scaling the company or managing funds effectively. Alcidion was once the darling of the market (thanks to covid) but has since lost its appeal. Give it a year or two, and you may see it either disappear from the ASX or a new management and board coming in to reinvent the wheel. Retail investors like us are dependent on Aus Super, Salter, and other top holders, unfortunately. They have deep enough pockets not to worry about this stock in the immediate or short term.

Positive picks for me are that they are debt free, ~40m revenue, customer base ,~11m cash. One day or the other it has to return more than the current share price.