The posts about NHS Contract delays don't increase my confidence in ALC.
Even if we give management a complete "Not at fault " over the reason for the recent capital raise.
That doesn't excuse the timing and implementation and good luck with the 'extra' $1M from existing shareholders. Does not instil confidence in management.
From the recent webinar;
Why a capital raise?
"..... we could foresee some Q2 sales slipping into Q3 and Q4".
Having admitted management have got the timing wrong quarter after quarter what happens if they're wrong again and the contracts slip further?
Massive question for investors.
Do we do another capital raise? More dilution.
Then there's the Opportunity Cost. Is anyone now expecting the share price to turn around soon?
Posting articles about NHS delays is diluting my confidence.
Just an opinion.
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