""It would be nice to see the SP respond positively to positive news ....
IMO, a well run and managed company deserves better for its shareholders.""
The market moves in mysterious ways. Right now it's too interested in playing the little resource stocks that promise a world of riches for those who buy them.
ALC is just a little company that is actually making money and has 5 million in the bank and carries no debt.
How boring.
The volumes or lack of , spell it out in greater detail. The market in general is fascinated with little speccy's that can double or triple in a matter of days. Thats where the money is going. Thats where the traders are playing at this point in time. Quick in and quick out for a quick buck.
The more contracts that ALC can deliver, the more chance they have of getting some big buyer support who will accumulate and push the market cap higher. I have been crying out for this type of support for quite some time now. Management have to be more proactive in this area to garner support.
It's a slow process, unless of course they can come out with a bonzer deal that will make everyone sit up and take notice.
ALC Price at posting:
5.2¢ Sentiment: Buy Disclosure: Held
