ALC 3.03% 6.4¢ alcidion group limited

Contract won and extensions since M&A announcement with MKM...

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  1. 600 Posts.
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    Contract won and extensions since M&A announcement with MKM Health and Patientrack:

    16/05/2018 - Contract Win with Patientrack Holdings -A$890,000
    12/06/2018 - MKM Health Signs Major Contract with eHealth NSW - $3.8m
    5/07/2018 - Alcidion signs ACT Health contract - $4.75m
    19/07/2018 - Contract extension with NT Health $2.6m
    26/11/2018 - Major contract with Queensland Health - $12m
    19/12/2018 - Extension of support services to ACT Health -1.2m

    Total: 25.24m revenue deal in 7 months.

    Few things to remember here, we acquired MKM health and Patientrack for only $12m and larger Alcidion Group singed deals more than double of that value just within 7 months. Our directors since bought 10m shares (Ray 4m, Kate 4m, Geoff 1m, Rebecca 1m). We are still trading below M&A price and with a market cap 37m.
    Last edited by Up2Date: 19/12/18
 
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