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
5.1¢ |
Change
-0.003(5.56%) |
Mkt cap ! $68.46M | |||
| Open | High | Low | Value | Volume |
| 5.3¢ | 5.4¢ | 5.0¢ | $79.45K | 1.553M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3743 | 5.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.2¢ | 12381 | 1 |
View Market Depth
| Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
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Last
5.1¢ |
Change
-0.003 ( 7.34 %) |
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| Open | High | Low | Volume | ||
| 5.2¢ | 5.4¢ | 5.0¢ | 666173 | ||
| Last updated 15.41pm 05/06/2024 ? | |||||
| ALC (ASX) Chart |