I can see a revisit of 10c but holding firm as a floor through macro turbulent times over the short term. 10c is not only psychological its a ludicrous valuation of FV for ALC and I believe there are forces at play to keep the floor.
If mid-term doesn't deliver sizable contracts, I can see some weak or inpatient hands pushing through the floor.
If there are no serious contracts brewing in the pipeline, we would like to see @Alcidion management buy at these levels and instil confidence into those that are not quite as optimistic as us LT holders!
General Discussion / Social Media, page-4749
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Last
5.1¢ |
Change
-0.003(5.56%) |
Mkt cap ! $69.80M | |||
| Open | High | Low | Value | Volume |
| 5.3¢ | 5.4¢ | 5.1¢ | $33.83K | 647.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 709097 | 5.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.2¢ | 16432 | 2 |
View Market Depth
| Last trade - 14.16pm 05/06/2024 (20 minute delay) ? |
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Last
5.1¢ |
Change
-0.003 ( 6.42 %) |
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| Open | High | Low | Volume | ||
| 5.2¢ | 5.4¢ | 5.1¢ | 271211 | ||
| Last updated 14.37pm 05/06/2024 ? | |||||
| ALC (ASX) Chart |