General Discussion / Social Media, page-2918

First of all, welcome!

I think you got in at a good price. I don’t think 19c is expensive at all. They just did a $16.2M cap raise pre-COVID at 18c...heavily discounted price many believes!

keep in mind that Alcidion is in so much better form currently compared to pre-COVID!

https://hotcopper.com.au/threads/an...institutional-investors.5055814/#.X7WhvBY8bDs
“Pricing for the Placement was determined via a strong institutional bookbuild with the placement price of 18 cents representing a 12.2% discount to the last traded price of the Company’s shares on 31 October 2019, and a 14.3% discount to the 10-day volume weighted average price of the Company’s shares.”