Alcidion Group Limited

ASX:ALC

Alcidion Group Limited

ASX:ALC
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$0.064 (-3%)
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#24
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Reports (14) My Report Forum Investors
Forum Topics ALC ALC CEO Buying

Pinned straw:
Magneto
Added 7 months ago

CEO Buying

CEO Kate Quirke 

·      On market trade 1,000,000 Shares ($46,671) 23 April 2024

- $28,600 ($0.047) 

- $18,071 ($0.045)

Giving Kate Quirke Total 48,561,285 share. At today’s price of $0.048 her shareholding is valued at $2.33m. Giving her total of 3.6% ownership of Alcidion.
thunderhead
Added 7 months ago

It is good to see some on-market purchase activity, but the quantum doesn't exactly scream of a great value or conviction.

11
TycoonTerry
Added 7 months ago

Big bump on the announcement as well so hopefully this signals some positive news is in the pipeline.


plenty of reasons to sell.

only one reason to buy

18
Shapeshifter
Added 7 months ago

I want to share your optimism as well @TycoonTerry as I own shares IRL but a purchase of $46,671 by a CEO is on the boundary of lacking conviction in my opinion.

Quirke could be simply attempting to signal to the market. Unfortunately, as you can see from my comment, I am lacking confidence in the CEO.

24
TycoonTerry
Added 7 months ago

From my current position on the couch in a house struck down by a virus. I need the optimism.


Valid points though, I guess time will tell

17