Ann: Alcidion signs major contract with Queensland Health, page-17

Hi @possum2

Nice to hear from you again and good to know that you are still holding a parcel of Alcidion (albeit smaller parcel).

I remember you were one of the early investors in the company and was always generous to share some of your insightful thoughts.

It is somewhat perplexing that the company had/has been unsuccessfully at generating institutional interest. I know the company stated previously that the feedback that it got from its institutional roadshow was that they were waiting for more contracts, growing revenues and etc. before they would consider taking a position.

But... we have seen instances of instos taking a position in unprofitable companies solely based on their potential and potential near-term catalyst - for example, ResApp, GetSwift and etc.

So... is it because we are targeting a different group of instos or we are not articulating a compelling investment position for them to embrace the story... I am still none the wiser.

All I know is that the facts tell me Nathan was unsuccessfully at generating instos interest, Ray was similarly unsuccessfully.... perhaps third time lucky with Kate?


Over the 2 years since Alcidion reached its highest share price, I do feel as if we have been penalised for every achievement rather than being rewarded...