While I agree with you as shareholders want to see something bigger coming, but we have to be realistic about the company just raised capital three months ago, the turnover time for the new hiring will need around 6 to 9 months to be fully utilized as Kate mentioned in the last conference call. I believe the company has given shareholders enough hints and updates about their progress, if you read my previous posts with NSW Heath PoC, you will find something big is certainly coming, plus H2 is always stronger than H1 and etc.
I found lots of people here focus too much on the daily SP movements, if the company fundamentals keep improving then its share price will evetually follow, I personally think SP is fairly valued at this stage.
ALC Chart, page-4691
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Last
6.3¢ |
Change
0.001(1.61%) |
Mkt cap ! $84.57M | |||
| Open | High | Low | Value | Volume |
| 6.1¢ | 6.6¢ | 6.1¢ | $72.83K | 1.155M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 27384 | 6.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.5¢ | 25961 | 1 |
View Market Depth
| Last trade - 15.59pm 13/05/2024 (20 minute delay) ? |
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Last
6.4¢ |
Change
0.001 ( 3.23 %) |
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| Open | High | Low | Volume | ||
| 6.2¢ | 6.6¢ | 6.2¢ | 233023 | ||
| Last updated 15.06pm 13/05/2024 ? | |||||
| ALC (ASX) Chart |