ALC alcidion group limited

Ann: Q2 FY25 Quarterly Activities Report and Appendix 4C, page-3

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    Bank balance dropped again for the second quarter. Would have looked really ugly had they not raised $5 million capital raise just over 12 months ago otherwise we would be sitting with a bank balance closer to $2.5 million.That being said we have been assured by management of a contract in the pipeline between $30 -$40 million in the third quarter.Not sure how to read this.GLTAHs.
    Last edited by chaddy36: 30/01/25
 
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