ALC 0.00% 5.8¢ alcidion group limited

Ann: Share Purchase Plan closes strongly oversubscribed, page-115

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  1. 119 Posts.
    lightbulb Created with Sketch. 25
    Actually it is set and forget….for the wrong reasons - desperately hoping it will climb….so I can reduce my losses.
    Reading through the thread - heady days back then indeed….so much promise but onward execution….oh dear (not all ALC’s fault but they have been slow to respond to changing market conditions with controlling costs etc and trying to flannel shareholders with hints that new contracts just around the corner so they hang in there).
    It’s been an (expensive) lesson for me on many levels - so at least I can take some benefit from that for the future.
    However the share price will be dead in the water without new contracts or T/O bid. Hope things will improve for everyone.
 
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