Firstly, I should clarify that I love the ALC business and have been a past holder who will re-enter again in the future. I think Kate is an incredibly capable leader and their business model and strategy is sound.
However, in times of economic uncertainty business will shelve, delay and even stop major technology investment projects. Here we have a phenomenon that will also be diverting all hospital resources to basic operations and would presume that technology investments and changes will suffer as a result.
So my question is, for those that know this business better than I do, are the above risks likely to be real for ALC? It would be nice to hear from the company about this question. I'm sure, like all others, that they have their own Coronavirus business risk assessments going on.
Is ALC business exposed to Coronavirus impact?
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Last
5.8¢ |
Change
0.002(3.57%) |
Mkt cap ! $77.86M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.8¢ | 5.2¢ | $72.00K | 1.319M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 509700 | 5.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.8¢ | 170148 | 2 |
View Market Depth
| Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
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Last
5.6¢ |
Change
0.002 ( 1.82 %) |
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| Open | High | Low | Volume | ||
| 5.5¢ | 5.6¢ | 5.2¢ | 384269 | ||
| Last updated 15.56pm 31/05/2024 ? | |||||
| ALC (ASX) Chart |