Hahaha......just had to check it wasnt 1 April but then maybe the circus is in town.
Its a business with revenue of $40m per year. It has over $120m of revenue already locked in for the next 5 years. That is firm contracted revenue and not just revenue forecast like most companies. It has more than a couple mil in cash in the bank with no debt.
The equivalent talking up statement would be to say its a $60m company worth $1.8bn - using your factor of 30. Obviously its not worth that - its worth $60m today according to the market. Not $1.8bn and not $2m.
Ann: Alcidion Quarterly Results and Investor Webcast Notification, page-6
Add ALC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
5.1¢ |
Change
-0.003(5.56%) |
Mkt cap ! $68.46M | |||
| Open | High | Low | Value | Volume |
| 5.3¢ | 5.4¢ | 5.0¢ | $79.45K | 1.553M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3743 | 5.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.2¢ | 12381 | 1 |
View Market Depth
| Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
|
|||||
|
Last
5.1¢ |
Change
-0.003 ( 7.34 %) |
||||
| Open | High | Low | Volume | ||
| 5.2¢ | 5.4¢ | 5.0¢ | 666173 | ||
| Last updated 15.41pm 05/06/2024 ? | |||||
| ALC (ASX) Chart |