I think part of the capital raise was not only for the sales team expansion, but also to strengthen the balance sheet. Hospitals would be a little more reluctant signing contracts with a company with poor financials. They need to feel secure the company and the tech they have signed up to will be around in the foreseeable future.
ALC Chart, page-4199
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Last
5.9¢ |
Change
-0.003(4.84%) |
Mkt cap ! $79.20M | |||
| Open | High | Low | Value | Volume |
| 6.2¢ | 6.2¢ | 5.9¢ | $23.77K | 397.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 509364 | 5.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.0¢ | 631910 | 3 |
View Market Depth
| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
5.9¢ |
Change
-0.003 ( 6.35 %) |
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| Open | High | Low | Volume | ||
| 6.1¢ | 6.1¢ | 5.9¢ | 223472 | ||
| Last updated 15.21pm 17/05/2024 ? | |||||
| ALC (ASX) Chart |