I'm loving the effort the company is putting towards its investor relations in the presentations etc.
The AGM presentation today is yet another perfect example.
Slide 5 - The top-27 shareholders own 70% of the company - this provides an extremely sticky shareholder base.
Slide 7 - The number of shareholders has grown significantly from c. 800 to c. 1300 since August when the 'shareholder awareness' program really started as the company began its commercialisation / business development activities.
I've maintained for a long time, the greater the share markets awareness of ALC - the higher the SP will be. The investment case is extremely compelling & we are still a fair way off of fair value. (By my methodology - see the ALC-Valuation thread - currently 18.5c)
Tomorrow will see more institutional investor exposure for the company and these guys will slot straight in to the top-20 shareholding list should they also feel the investment case is compelling. Note that these guys are "actively looking for ehealth exposure" and are there in an "invite only" capacity.
I have never been involved with a company that has such a focus on it's shareholder base in every major presentation. It is extremely refreshing as management are certainly on the ball & acutely aware of what it takes to generate a sustainable >100m mkt cap company. That is, not only having a great product that is well received in the market place, but being sensitive to the shareholders mindset.
We are only at the beginning of this journey & there are certainly very exciting things to come!
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Last
6.1¢ |
Change
0.003(4.31%) |
Mkt cap ! $83.26M |
Open | High | Low | Value | Volume |
5.9¢ | 6.2¢ | 5.9¢ | $31.23K | 514.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 65000 | 6.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.2¢ | 106301 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 65000 | 0.060 |
1 | 132955 | 0.059 |
2 | 626680 | 0.058 |
2 | 135595 | 0.057 |
7 | 622039 | 0.056 |
Price($) | Vol. | No. |
---|---|---|
0.062 | 106301 | 6 |
0.063 | 50322 | 2 |
0.064 | 43238 | 1 |
0.065 | 96156 | 3 |
0.067 | 44790 | 1 |
Last trade - 10.58am 11/10/2024 (20 minute delay) ? |
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