I also mentioned the similarities between Alcidion and the early days of apx.
(1) monies put up by founders to develop the technology and etc. therefore, strong alignment between their interests and those of retail shareholders to have a higher share price.
(2) lack of market interest from retail investors and unstop until "multiple" sixers were hit by the management. It was only then that interest was generated and the share price appreciate accordingly. Apx share price has since risen from 20 cents to ....... almost $10 today. There were also many bumps in apx journey - e.g . Speed of turning trials to revenue generating contracts, cash drain of its r&d and etc
All I am saying is that the journey is never easy, particularly for a fundamental story to play out. It takes a lot of time, requiring patience and high conviction.
Could Alcidion become another apx??? Never say never...
ALC Chart, page-1820
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Last
5.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $77.89M |
Open | High | Low | Value | Volume |
5.9¢ | 5.9¢ | 5.6¢ | $31.92K | 567.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 9726 | 5.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.7¢ | 22000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 9726 | 0.056 |
6 | 1236390 | 0.055 |
6 | 339874 | 0.054 |
5 | 373532 | 0.053 |
2 | 500000 | 0.052 |
Price($) | Vol. | No. |
---|---|---|
0.057 | 22000 | 1 |
0.058 | 38461 | 1 |
0.059 | 12500 | 1 |
0.060 | 150009 | 2 |
0.061 | 179190 | 3 |
Last trade - 14.56pm 04/10/2024 (20 minute delay) ? |
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