Why the Alcidion (ASX:ALC) share price just hit an all-time high
Marc Sidarous | April 15, 2021 12:08pm |
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At the time of writing, shares in the health-focused IT company are trading for a record 37.5 cents – up 10.29%. By comparison, the
All Ordinaries Index(ASX: XAO) is currently 0.66% higher for the day so far.
Let’s take a closer look at today’s announcements.
Alcidion share price surges
In separate statements to the ASX, plus an overarching investor presentation, Alcidion declared the following:
The acquisition of ExtraMed, a UK National Health Service (NHS) patient flow software provider for $9.6 million cash.
The awarding of a $21 million contract by the Australian Department of Defence for “a system that records, stores, aggregates and analyses health information for the Defence population.”