This is a very good explanation of present situation. So if for example, BlueSky decided to sell at 10c, institutional buyers would like to accumulate now below that price range. ALC ticked many boxes for the institutions. Cash flow positive for few quarters in a row，trustworthy management who assured no capital raising required,proven technology that is conquering new geographic locations, customers keep on renewing contracts at the end of term, what more do you want institutions?
@composer , I too think this time is different and we are going through a major re-rate. 3 things made me more confident today. 1. Alcidion's response about UK, that you have highlighted, 2. Quoted post explaining BlueSky 3. Buying action and no NB/BL anymore.
ALC Price at posting:
5.7¢ Sentiment: Buy Disclosure: Held
