Agree @possum2 !
And to add also, if the fundamentals haven't changed, its wise to continue to hold. Just as an example...when the USA elections were on and the results were a close call people panicked and sold out of fundamentally undervalued stocks. ALC was no exception getting sold to 8.7c . it's up more than 40% now. market is irrational and this is how rational investors clean up big time. can't really make money in a fairly valued market!
Looking at the recent flooding of fake stock for sale tweaked the depth and forced out a lot of retailers as shown by broker data provided kindly by @stotes. meanwhile huge accumulation has taken place!
I cannot see a better place to park capital now then in ALC for emerging healthcare companies. And the recent rises from insto accumulation haven't even been on any new contracts! just pure FA and an undervalued gem.
Well done to all the LT holders and new investors. Hold on tight!!!
ALC Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held
