both uk and australia are arguably already in a recession
on positive news the RBA is forecasting inflation to peak at 8% this year and begin dropping by dec this year to 4-5% and then back to 2-3% nominal inflation in 2024. but thats assuming no wars
so i think by end if this year things will be looking up for high growth tech
further with alc still confident of profitability by 2023, if and when that is announced will re rate significantly as it removes risk of ongoing cap rise required
alc is still a baby in terms of its revenue size in the software world. 48 million annual revenue is tiny, but as it continues to grow its going to start getting on the radar of larger health tech software companies- no doubt; merger and acquisition activity in tech is very high in tech so i also expect significant acquisition interest of ALC over next 2 years
aimho
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Last
4.9¢ |
Change
-0.001(2.00%) |
Mkt cap ! $65.78M |
Open | High | Low | Value | Volume |
5.0¢ | 5.0¢ | 4.9¢ | $29.07K | 582.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 405306 | 4.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.5¢ | 256925 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 183849 | 0.049 |
1 | 200000 | 0.048 |
3 | 197297 | 0.047 |
2 | 600000 | 0.046 |
12 | 885814 | 0.045 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 256925 | 4 |
0.056 | 53500 | 1 |
0.058 | 51700 | 1 |
0.059 | 169500 | 1 |
0.060 | 377066 | 6 |
Last trade - 15.47pm 05/07/2024 (20 minute delay) ? |
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