ALC 0.00% 5.4¢ alcidion group limited

Ann: ALC signs $23.3M South Tees contract extension until 2033, page-138

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  1. 324 Posts.
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    Random? I think the only thing random is your thought process. Directors must notify the ASX within 14 days of a change in Directors interest, so it can't be "another week at least" I suggest you look at a calendar.

    99% of companies put the notice out at the same time they issue the application for shares, so unless it is notified by close of business tomorrow, shares were issued on Dec 8, then they didn't buy, or they are to incompetent to notify by the due date.

    You also said the reason for the SPP extension was the reason the SPP was extended, this makes zero sense, a bit like the rest of your post, it closed prior to the announcement so how can that possibly be a reason. It was extended because no one wanted to buy and they need the cash.

    I am glad you invest in companies like this that are sitting on 5 year lows, you deserve each other.




 
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