ALC 23.2% 6.9¢ alcidion group limited

imo alc will never be a $1 share, well not for many years on its...

  1. 222 Posts.
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    imo alc will never be a $1 share, well not for many years on its current growth, $16mil turnover doesnt make it a billion dollar company, hopefully alc will bounce on some good contract wins and imo the only way to make money out of small caps is to trade on a bounce, after all will alc ever pay a divi, it has a billion shares so maybe one day will get into the 50c range, it cant stand on its own two feet yet, first milestone imo is to be cash profitable. its bounced before to 30c but then had a lot less shares on issue, we need a good win in Australia and England. I think also investors are looking for more action, its been about six months since capital raise and very little has come of it so far.
 
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Last
6.9¢
Change
0.013(23.2%)
Mkt cap ! $92.63M
Open High Low Value Volume
5.5¢ 7.1¢ 5.5¢ $570.3K 8.840M

Buyers (Bids)

No. Vol. Price($)
2 100394 6.4¢
 

Sellers (Offers)

Price($) Vol. No.
6.9¢ 50000 1
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Last trade - 15.59pm 03/05/2024 (20 minute delay) ?
Last
6.5¢
  Change
0.013 ( 16.1 %)
Open High Low Volume
5.5¢ 7.1¢ 5.5¢ 2505773
Last updated 15.54pm 03/05/2024 ?
ALC (ASX) Chart
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