Forum Topics ALC ALC Incoming speeding ticket?

Pinned straw:

Last edited 7 months ago

Up 20% today on 6x average volume with no news.

Have any subscription/stock picking services made a recommendation?

If it's a sign of an impending announcement, this is most welcome.

Remorhaz
Added 7 months ago

25% now (which to be fair is only like 1.5c) - but looking on Sentieo there's nothing to see - no new public news, press releases, announcements, broker research (RBC at least covers ALC), etc since Apr 24th - yet...

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jcmleng
Added 7 months ago

ALC Speeding Ticket received. Standard response, nothing to see here .... keeps whatever dream we have for ALC alive, for now anyway ...!

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nessy
Added 7 months ago

Loose lips????

Something positive would be nice for holders.

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thunderhead
Added 7 months ago

Certainly trading like a big contract will be announced, or a takeover (like we have seen with many beaten-down companies which have all been taken out at relatively attractive prices - I have been at the receiving end of a few of those over the past 6-8 months).

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Bear77
Added 7 months ago

Probably not @thunderhead - based on their response late in the trading day today: Response-to-ASX-Price-Query-(ALC).PDF

They'd be treading on dangerous ground to say what they said there ("no idea boss!") ...and then announce a big contract or a takeover immediately afterwards.

More likely a microcap fund building a position, or a HNW individual or two accumulating a position.

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Click on the pic for the clip

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thunderhead
Added 7 months ago

Yes. I still wouldn't rule either of those outcomes out in the fullness of time, but seems to be no bueno for now.

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