ALC 1.59% 6.4¢ alcidion group limited

Ann: Alcidion signs contract with Leidos Australia, page-42

  1. 168 Posts.
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    I would have expected more movement in the share price today but to me it just represents better value with this confirmation.

    I don't know much about Leídos but with their specialties including health and defence it will be interesting to see whether this is something that can be replicated with other governments.

    Aside from the revenue, this is clearly another great opportunity for Alcidion to 'learn as they earn' which can only improve their capabilities.

    I wonder long term whether Leídos might also be learning too and whether Alcidion could be a bolt on acquisition. They have the annual earnings to swallow an acquisition of this size. Personally I hope it doesn't happen, or doesn't happen for a long time.
 
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