The Company is targeting completion of the Alcidion acquisition mid‐late December.
The founders and other people behind Alcidion are highly professional and well connected.
I suspect that once the transaction is completed that brokers and instos may start accumulating (I suppose we'll know when the bots appear on the scene). Now is the time to get in on the ground floor. I think it could easily be 10 cents+ going into the New Year
Alcidion has a market ready suite of products that are already achieving significant sales and orders from real customers including private hospital groups and government hospital operators such as the Northern Territory Department of Health.
As per the original announcement of the Alcidion transaction back in August, the company has growing revenues with FY2015 revenue of $5.18m, up 36% from $3.80m in FY2014 (unaudited) and already this year it has announced the $1.75 million contract with the NT Dept of Health plus other prospects already locked in.
And the above news applys just to Australia and NewZealand.....I am very excited about this companies plan to move into the US and later into European and Asian markets.
NRR Price at posting:
6.3¢ Sentiment: Buy Disclosure: Held
