ALC 2.00% 5.1¢ alcidion group limited

All of us have experienced the share price rising then falling...

  1. 835 Posts.
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    All of us have experienced the share price rising then falling back after positive announcements in the past 6 months or so - weak spec/small cap market, tax related selling, weariness of small retail investors and etc.

    In my view, what we need is a circuit breaker - e.g. an announcement significant enough to boost the credibility of the company and thereby creating a domino effect. This can take many forms - investment into the company by well-known strategic investor/insto or a deal with a hospital of sufficient scale.

    Many small caps experienced this phase that alc is going through in their journey - altium and apx are the two that comes into my mind. Look at how far both altium and apx have come - both shares have created significant wealth for their long-term investors who stuck with them for the journey.

    I really believe that alc is a similar company that will reward its loyal investors. At the current share price, the risk-reward is compelling in my view.
 
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Last
5.1¢
Change
0.001(2.00%)
Mkt cap ! $68.46M
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5.1¢ 5.1¢ 5.0¢ $13.90K 275.8K

Buyers (Bids)

No. Vol. Price($)
5 257528 5.0¢
 

Sellers (Offers)

Price($) Vol. No.
5.1¢ 191513 3
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Last trade - 16.10pm 28/03/2024 (20 minute delay) ?
Last
5.0¢
  Change
0.001 ( 0.00 %)
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5.0¢ 5.1¢ 5.0¢ 222326
Last updated 15.47pm 28/03/2024 ?
ALC (ASX) Chart
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