I agree - unfortunately even though the recurring revenue could justify the SP - retail investor sentiment is poor as positive sales pitch has not matched results and there was general perception of retail getting shafted at the last CR - nothing new there but unfortunately a continual drip of disappointment from ALC to maybe a naive (I include myself) cohort of investors has not helped.
People are hanging in there in hope of a) a new contract b) Takeover c) Surely it can’t get any worse given the products and existing contract revenue (so don’t want to capitalise a loss).
I agree - unfortunately even though the recurring revenue could...
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Last
5.9¢ |
Change
-0.003(4.84%) |
Mkt cap ! $79.20M | |||
| Open | High | Low | Value | Volume |
| 6.2¢ | 6.2¢ | 5.9¢ | $23.77K | 397.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 509364 | 5.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.0¢ | 631910 | 3 |
View Market Depth
| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
5.9¢ |
Change
-0.003 ( 6.35 %) |
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| Open | High | Low | Volume | ||
| 6.1¢ | 6.1¢ | 5.9¢ | 223472 | ||
| Last updated 15.21pm 17/05/2024 ? | |||||
| ALC (ASX) Chart |