ALC 0.00% 7.3¢ alcidion group limited

Chart Says Sell, page-168

  1. 3,273 Posts.
    lightbulb Created with Sketch. 429
    By the revenue growth, recent contract wins and perceived forecasted pipeline, I'd say we should be trading on at least 10x revenue.

    It's hard to compare oranges and apples, but Afterpay is 21, Wisetech 24, CSL is even 8 without the expected growth. So 10x would seem quite reasonable, even conservative. This doesn't take into account the company is around the break even mark, give or take.

    Forecasted $31.7 million x10 - $317 million. - 67% lift from here - 24c. ..Obviously many other factors come into play, but that's just a very basic calculation.
 
watchlist Created with Sketch. Add ALC (ASX) to my watchlist
(20min delay)
Last
7.3¢
Change
0.000(0.00%)
Mkt cap ! $98.00M
Open High Low Value Volume
7.4¢ 8.2¢ 7.2¢ $431.2K 5.576M

Buyers (Bids)

No. Vol. Price($)
1 118901 7.3¢
 

Sellers (Offers)

Price($) Vol. No.
7.4¢ 133240 1
View Market Depth
Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
ALC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.