Nice downramp, it looks like I'm not the only one looking for a cheap entry here!
ALC currently trades at an EV of under $25M yet is operationally cash flow positive, has $5.7M in the bank with no debt, zero chance of a CR for the indefinite future and has locked-in contracts meaning only revenue upside and no downside for at least the next year or two!
Your comparable company examples are way off. GLH for example is operationally cash flow negative, has almost no cash, likely to CR, debt laden and nowhere near as much upside as ALC.
ALC will re-rate at some point back to 10 cents plus even if things progress as slowly as they currently are. But if the sales team can land something big this will do a BUD like re-rate from 5c to 20-30c very quickly. It's just a matter of when IMO. So many dogs are getting pumped right now but ALC will have to get a fair go at some point.
ALC Price at posting:
4.8¢ Sentiment: Buy Disclosure: Not Held
