I haven't posted on ALC for quite some time. Still hold some...

I haven't posted on ALC for quite some time. Still hold some shares. Not as many as I once owned. Todays announcement was the companies best announcement in a very long time. Well done to them.

The one problem that has always existed with ALC, is that management were never able to garner enough support to come in and take a position . Small instos were needed to embrace this story and give it some traction. I would speak to Nathan about this on numerous occasions and he agreed at the time this was something that they would address. I don't think they were very successful in this regard.

Look at the volumes being done today. They are not exactly knocking down the door to buy stock.
Sometimes you need the right groups to come in, buy stock and more importantly hold and tighten up the register. Alas ALC management have not been able to find this support and good news quickly gets forgotten.
It's been now 2 years almost to the day that ALC hit it's highest point. It's been hard work ever since.