I still find it interesting that only positive comment goes 'unmolested' on this thread.
To my way of thinking - the issues with ALC are;
Over promise and under deliver.
A capital raise that was talked up and is now enormously underwater.
A very expensive acquisition that is yet to prove it's worth.
For me this next one is the elephant in the room though - Timing and speed. For what is essentially a start-up it needs to be nimble and rapidly growing revenues. Then getting to cashflow positive and quickly moving onward and upwards to be a great investment.
However, cashflow positive continues to slip and now even comes with caveats.
Essentially there are a lot of other places/companies where people can invest. This one is quickly slipping into a longer and longer horizon bet.
Can the ALC story convince me this is the best place to invest my money?
Why wouldn't I invest elsewhere?
Cost benefit analysis. The next couple of months could also see a lot of tax lose selling in ALC.
There's a lot of shares on issue. Especially after the disastrous CR.
I'm definitely not trying to downramp ALC. As I have a small investment in the company. I'm just trying to bring another view to the discussion in the hope we can all benefit from it.
I personally hope there's a massive contract signed tomorrow to justify the Silverlink acquisition.
I just think that sort of evidence is a lot further away than we all hoped and that is a large part of why the share price has fallen so far recently.
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Mkt cap ! $98.00M |
Open | High | Low | Value | Volume |
7.4¢ | 8.2¢ | 7.2¢ | $431.2K | 5.576M |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 118901 | 7.3¢ |
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Price($) | Vol. | No. |
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7.4¢ | 133240 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 118901 | 0.073 |
1 | 5500 | 0.071 |
4 | 465909 | 0.070 |
2 | 52770 | 0.067 |
1 | 10000 | 0.066 |
Price($) | Vol. | No. |
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0.074 | 133240 | 1 |
0.075 | 50000 | 1 |
0.078 | 10000 | 1 |
0.080 | 63333 | 2 |
0.081 | 485463 | 2 |
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