there are plenty of reasons to like the company. I first entered at 12c saw it race to 30c and slowly retreated but have kept buying on each dip. I based my decision to retain my shares in ALC due to the following reasons:
1/Are they executing contracts? Clearly yes 2/Are they cashflow positive? Yes correct me if I'm wrong but this is the 3rd consecutive quarter of being cashflow positive 3/Do they have cash in the bank to sustain potential operations or potential merger/acquisition? Yes 4/Do they have a progressive product? Yes, launched MEMRe this year first in Australia. This signifies a progressive company 5/Are they trying to expand footprint in the global markets? Yes, Australia and NZ and now with recent CR of A$16.2M funding was for expedited expansion in the UK. 6/ is there are need for our products? Yes
