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.
Previously updating on supplier of Software-as-a-Service for the management of governance, risk and compliance, Access Intelligence (ACC) I noted, with the shares at 2.75p, that it now needed to be shown that the company can generate increasing positive cash flows. Until then, the most prudent stance looks to be to take a watching brief. The following updates following a profit warning which currently sees the shares 10% lower today at 2.25p, capitalising the company at £5.3 million.
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