Wow, guys [facepalm].
If the "industry has moved on," which it hasn't, and is nonsensical (considering you hold), there is no evidence to make these assertions. All players in the industry are in the same position as ALC, very few contracts have been granted over the past 12 months.
As stated previously in this thread, SP weakness is management incompetence combined with a longer-term macro trend toward a focus on profit, not revenue growth. I hold and accumulate because I believe in the industry and opportunities. I would like to believe in management...
Peak pessimism - complete overreaction, page-177
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Last
4.6¢ |
Change
-0.001(2.13%) |
Mkt cap ! $61.75M | |||
| Open | High | Low | Value | Volume |
| 4.5¢ | 4.7¢ | 4.5¢ | $50.40K | 1.108M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30471 | 4.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.7¢ | 70052 | 2 |
View Market Depth
| Last trade - 15.57pm 14/06/2024 (20 minute delay) ? |
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Last
4.6¢ |
Change
-0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 4.5¢ | 4.7¢ | 4.5¢ | 753279 | ||
| Last updated 15.20pm 14/06/2024 ? | |||||
| ALC (ASX) Chart |