MicroCap Stocks To Watch Alcidion Group Limited (ALC: ASX) Had a...

MicroCap Stocks To Watch

Alcidion Group Limited (ALC: ASX)
Had a busy end to the year with the finalisation of their 2 acquisitions and the announcement of either new contracts or contract extensions with new and existing customers respectively. Post a busy FY18 it leaves ALC with a much bigger business providing clinical and patient management platforms to medical facilities in AUS, NZ and the UK. This year's acquisitions were all synergistic to ALC's existing business and transformative for the company. Now as a caveat transformational acquisitions in my experience don't have a great track record. However, we can't let our biases cloud our judgment in the here and now. To that end, I think if Alicidion can get these acquisitions bedded down and integrated successfully (a real live risk) over the course of FY19 I think it will make the ALC look interesting moving forward. ALC has early runs are on the board in this regard and I await an update on progress with above at the AGM.

https://www.livewiremarkets.com/wires/microcap-stocks-to-watch-2018-09-06