ALC 5.56% 5.1¢ alcidion group limited

General Discussion / Social Media, page-6080

  1. 632 Posts.
    lightbulb Created with Sketch. 18
    There is an amazing amount of commentary for what is a relatively small company.

    I may be completely wrong but it looks like there is a major holder who has been dumping the stock over an extended period of time. There seems to be almost unlimited sell volume - if you hit the sell side, more volume quickly appears.

    Eventually this seller will exit their holding and normality may return.

    There is a point where this becomes a very cheap take-over target. There must be quite a few parties that would be running the numbers on ALC at these type of levels. However it is highly unlikely any major holder, other than the party that is exiting, would be interested in selling at these levels.

    The recurring licensing revenue alone would return the market cap of this business in only 2 years.

    Crazy stuff, its so miss-priced.
 
watchlist Created with Sketch. Add ALC (ASX) to my watchlist
(20min delay)
Last
5.1¢
Change
-0.003(5.56%)
Mkt cap ! $69.80M
Open High Low Value Volume
5.3¢ 5.4¢ 5.1¢ $35.64K 683.1K

Buyers (Bids)

No. Vol. Price($)
6 684373 5.1¢
 

Sellers (Offers)

Price($) Vol. No.
5.2¢ 16432 2
View Market Depth
Last trade - 14.56pm 05/06/2024 (20 minute delay) ?
Last
5.1¢
  Change
-0.003 ( 6.42 %)
Open High Low Volume
5.2¢ 5.4¢ 5.1¢ 341955
Last updated 15.16pm 05/06/2024 ?
ALC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.