By Steve Moore | Wednesday 24 September 2014
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Accumuli plc (ACM), which works with organisations to manage the ever increasing IT risk landscape and leverage their IT assets for business value, has updated that it “has continued to make good progress through the first part of the current financial year”, seeing that “trading results are in line with management's expectations”. With the shares having nudged ahead to 27.5p, to capitalise the company at more than £43.5 million, in response, what is the current value proposition here?
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