I already had my fill of ALC however at 4.6c the temptation became too much for me today and I topped up as well. Talk about low hanging fruit
With $7 million at their disposal after the capital raise, nearly 25% of the share price of ALC (at 4.6c) is backed by cash alone. That's before you start looking at the value of the IP, the revenue streams from multiple hospital clients which pretty well put ALC in a break-even position as well as trials and further contract negotiations currently on the go in multiple countries.
I can't really see any downside at current prices!
