Forum Topics ALC ALC ASX Announcements

Pinned straw:

Straw deleted
nessy
Added 12 months ago

@composer thanks for the info, great summary. The SPP only raised $378k of $1M from investors, so not well supported at all. Confidence is not high. Kate needs to turn things around pretty quickly imo. Once confidence is lost it is tough to regain. Contracts would help!

Nessy

disc held for now

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thunderhead
Added 12 months ago

The board/management is effectively living on borrowed time. Their credibility with the market is shot, and the share price is reflecting that.

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TycoonTerry
Added 12 months ago

Yeh agreed. A critical strike to confidence.



I would’ve thought that all these deals they had on the horizon which they said justified carrying extra staff for…… Where are the updates? I would have thought they would have been trying to change the flavor on investor sentiment. Even heading into the closedown season maybe these deals aren’t actually as close as they thought

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