Hi guys, As ALC has been trading with bullish momentum in this range since March and has just released it's latest 4c, which is OK, I don't see a reason for a further dip or pivot in SP. It has been a remarkable run that is well justified and is only the beginning. I am a LT holder, albeit a new one, since 16c, but I am convinced by the business model, highly valuable product and astute management that ALC is a trustworthy place to invest for ongoing future success.
My share exposure is a mix of LT holding on FA and ST trading on TA and FA. I see some companies such as this a LT hold and although I saw 30c as a price spike and a great opportunity to profit and buy back in on the dip, I never did, I lost heart because I believe in this co. moving forward.
The time tested principles which make a growth stock a value investment are ringing true here and I look forward to the future growth of ALC. IMO DYOR GLTAH
ALC Chart, page-3749
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Last
6.9¢ |
Change
0.013(23.2%) |
Mkt cap ! $92.63M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 7.1¢ | 5.5¢ | $570.3K | 8.840M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 100394 | 6.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.9¢ | 50000 | 1 |
View Market Depth
| Last trade - 15.59pm 03/05/2024 (20 minute delay) ? |
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Last
6.5¢ |
Change
0.013 ( 16.1 %) |
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| Open | High | Low | Volume | ||
| 5.5¢ | 7.1¢ | 5.5¢ | 2505773 | ||
| Last updated 15.54pm 03/05/2024 ? | |||||
| ALC (ASX) Chart |