ALC 6.85% 7.8¢ alcidion group limited

Ask yourself some simple questions.- Do you expect a business to...

  1. 429 Posts.
    lightbulb Created with Sketch. 71
    Ask yourself some simple questions.
    - Do you expect a business to make a whole lot of new sales in Covid19 times?
    - If you are raising capital for expansion when your balance sheet is health, is that a good thing?
    - Do you expect improvements after a capital raise to occur in 6 mths, 12 mths, 18, or 24 mths?

    I will say that perhaps many people are expecting a few big announcements but given covid19 times that things are slower than usual? Blue chip companies are scaling back while this little ALC is still maintaining a strong cash position.

    The 4C is a good result.

 
watchlist Created with Sketch. Add ALC (ASX) to my watchlist
(20min delay)
Last
7.8¢
Change
0.005(6.85%)
Mkt cap ! $104.7M
Open High Low Value Volume
7.4¢ 7.8¢ 7.2¢ $93.31K 1.255M

Buyers (Bids)

No. Vol. Price($)
1 147909 7.3¢
 

Sellers (Offers)

Price($) Vol. No.
7.8¢ 2036 1
View Market Depth
Last trade - 16.10pm 29/07/2024 (20 minute delay) ?
ALC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.