ALC 5.30% 6.3¢ alcidion group limited

From memory, NB has dropped off the top 50, so not clear if he...

  1. 1,816 Posts.
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    From memory, NB has dropped off the top 50, so not clear if he has completely sold or still holding under 1.5 mil.

    Of more concern now is his "buddy" holding 5 mil options @6c and another 5 mil @8c. They can be exercised any time now up until 30 Jun 2020, another 15 months. If the price remains significantly above 6c, we may see another options exercise and dump by him.

    I would be happy with the share price in the 5-6c range until the options expire, as I wont be selling any time soon. I think it will take over 15 months for the full potential of this company to be proven.
 
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