ALC 0.00% 4.6¢ alcidion group limited

Ann: Alcidion H1 FY2024 Results, page-29

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    Admittedly I picked up more as well at 42. Time will certainly tell, but what I do know is tenders and jobs take a long time, as Kate specifically mentioned in the webinar. I think she said something like 12 months. So it’s going to be a really slow burn. If your horizon is short, this isn’t the stock. Long term when things go their way macro wise, I am very confident it will hit 100 again, with or without Kate. I do also agree that a lot is out of their control. The part they screwed up is not cutting costs much earlier, thankfully that’s now happening. Going to take some time and patience. If you’re lucky enough not to need the cash, just leave it where it is.
 
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