ALC 0.00% 5.7¢ alcidion group limited

Ann: Alcidion Quarterly Results and Investor Webcast Notification, page-6

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  1. 140 Posts.
    lightbulb Created with Sketch. 19
    This POS just keep selling down, now down about 40% from the high of 8.8c hit on 11.12.23. Unbelievable...almost.

    Vastly disappointed in management who I previously held in high regard...for some reason. Hopefully they can prove otherwise by turning things around in the very near future but I certainly am not holding out much hope at all. Medium to long-term who knows - but where will the share price/SOI be by that point??

    A takeover offer would be a godsend...and, if so, hopefully management carry the stink of their performance forward - share price hit almost 50 cents 2.5 years ago and is now only a touch above 5c - and are considerably less employable in the future. Time to start slashing salaries to reduce costs instead of continuing to eat wantonly from the slop bucket. Prioritise the shareholders whose interests you are supposed to be serving!
 
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