ALC 0.98% 5.1¢ alcidion group limited

Peak pessimism - complete overreaction

  1. 347 Posts.
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    While like many I was disappointed by the CR, I have been more surprised by the visceral and overly emotional posts over the last 12 hours. It’s childish and overdone.

    Emotions aside, the facts are that it’s a very small CR and there will be minimal dilution, on a valuation basis it really doesn’t make that much of a difference - it’s been hard to accumulate sub 10c but patient investors likely to get a chance this week it seems and I’ll take the opposite side of retail any day

    We’re all here for the big contracts just like promedicus a few years ago, todays announcement wasn’t that so challenge your thinking around whether your thesis is broken here.
 
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