ALC 5.00% 6.3¢ alcidion group limited

ALC Chart, page-1537

  1. 4,840 Posts.
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    It was only a few weeks ago that we had solid support at 5 cents and since then it has gone back a bit , slid sidewards and now gone back again. We sometimes treat shares like children and get very protective of them which seems the case at the moment.

    I too cannot fathom how a cash flow positive company can sink to these levels. Loyalty counts for nothing in shares , it is ruthless, we win or we lose simple as that.I have noted that NB has been very quiet on twitter, he was very busy before then but since first week of September gone quiet.Maybe something is happening.

    Fortunately we are cash positive and some good wins but we need some momentum , hopefully Calvary will do that and be a game changer.Just have to ride this out.The theories of this being held down deliberately or people holding shares for 12 months and selling off are long gone.

    I am sure there will be plenty of questions at the AGM , hopefully the good news is not far away.
 
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