Previously writing on ‘digital analytics-as-a-service’ company Actual Experience (ACT), in December with the shares falling to 40p I concluded with it already burning cash at an alarming rate that hopefully my prior warnings were heeded and, natch, that the shares were a sell. Now a “Contract cancellation” announcement at no one is watching o’clock, 6.30PM, on Friday. Uh oh!
Previously writing on experience of digital services analytics company Actual Experience (ACT), in January with the shares at 118.5p I questioned placing “to capitalise on the current market opportunity”… or to avert liquidity crunch ahoy?. Today it commences a year-end trading update with that its “first full year operating our professional services 'land and expand' model has seen good progress, faster customer engagement and quicker software deployment”... so why a current 29% share price fall to 40p?!...
Previously writing on ‘analytics-as-a-service’ company Actual Experience (ACT), with the shares up towards 120p last month I noted, as it emphasised “delighted to announce… new channel partner”, balance sheet concern. Today “Trading Update and Equity Placing”...
Actual Experience (ACT) is “delighted to announce” a three-year framework agreement with “an American based multinational computer technology company” for its new Human Experience Management offerings... and the shares have currently responded towards 120p, more than 5% further higher...
A “Channel Partner Update” from Actual Experience (ACT)... and the shares currently up 20% to 90p, to give a market cap of approaching £43 million. The update should be good then...
“Actual Experience plc (AIM: ACT), the analytics-as-a-service company, is pleased to announce its unaudited consolidated interim results for the six months ended 31 March 2020”… and the shares have currently responded to above 30p, approaching 40% higher...
Shares in Actual Experience plc (ACT) are up to a current 275p, capitalising the company at more than £100 million, on the back of announcements of “a significant order to white label the company's service for a leading, US based technology company” and results for its year ended 30th September 2015. Is the share price spike justified?
