ALC 0.00% 7.3¢ alcidion group limited

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  1. 1,459 Posts.
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    I don’t know for sure, many possibilities

    it’s not silverlink as they took up a huge chunk in the silverlink placement.

    they did have a merger earlier in the year so possibly a realigned strategy.

    they have said they expected the market to taper off so probably want more money to short it.

    who knows really but while it’s at a loss its marginal in the scheme of things for them, once they make a decision I guess that’s it.

    you seem them coming and going a lot through various companies.

    I don’t think they are trying to scoop it up lower I think they just want out.

    on the upside Malcom is presenting in London next week and Kate said she would be over there before EOFY so assume they are both there now, good to have the heavy hitters on the ground
 
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