ALC 2.17% 4.7¢ alcidion group limited

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

  1. 429 Posts.
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    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.

 
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