Good stocks get pushed down all the time for no reason especially on low volume, i personally wouldn't be concerned if it went to 15cents, too many investor's judge a company by the share price.
If you understand the potential and the big disruption that is taking place in the hospital IT sector, expect anything regarding the share price as lots of institutions are starting to realise this is a legitimate company with good future growth potential.
We have plenty of cash so there is absolutely nothing to worry about, next quarter should be big for new contracts getting announced, if your a long term investor you should sleep easy with ALC in your portfolio.
Regards
Bloky
ALC Chart, page-4159
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 (20min delay)
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Last
6.6¢ |
Change
-0.003(4.35%) |
Mkt cap ! $88.60M | |||
| Open | High | Low | Value | Volume |
| 6.8¢ | 6.8¢ | 6.3¢ | $129.9K | 2.002M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 79070 | 6.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.8¢ | 14084 | 1 |
View Market Depth
| Last trade - 15.37pm 06/05/2024 (20 minute delay) ? |
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Last
6.6¢ |
Change
-0.003 ( 2.01 %) |
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| Open | High | Low | Volume | ||
| 6.5¢ | 6.6¢ | 6.3¢ | 659135 | ||
| Last updated 15.37pm 06/05/2024 ? | |||||
| ALC (ASX) Chart |