The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Thanks Rock - Is RCN a major customer?
What's happened? Down 16% No RNS and no volume.
And back down we go at the end of the day with no volume and no RNS.
Back up again on no volume and no RNS.
What's going on here -we had stabilised recently now we're down 20% on no volume and no RNS.
As this share is now worthless you can set the cost of your investment against any gains you've made elsewhere in 2015-16 for CGT purposes.
ADGORITHMS LTD ("Adgorithms" or the "Company") Q3 Trading update The Company today announces a trading update for the third quarter of 2015. In recent weeks, the online advertising market has experienced severe disruption, resulting in a loss of supply for major online advertising exchanges and a drop in demand from major media buyers. This has had a significant effect on indirect revenue generation for the Company and is expected to continue to do so for the near term. Consequently, Adgorithms expects its earnings for the full year to be materially below market expectations. However, the Board believes that although these developments affect financial performance in the near term, they strongly emphasise the market need for the Company's SaaS solution and will expedite the Company's direct sales and adoption of its SaaS solution by advertisers. Adgorithms' proprietary software platform, Albert, can enable brands to place online adverts directly, increasing transparency, marketing effectiveness and return on investment. Adgorithms is beginning to experience traction with its SaaS platform, and announces that Exit Electronics Ltd., the sole distributor in Israel for Hisense, a leading global consumer electronics company headquartered in China, has engaged Adgorithms for the use of its SaaS platform. The engagement will commence with the launch of Hisense's new flagship products during the upcoming "Black Friday" weekend sale in November. Management remain focused on converting a strong pipeline of SaaS opportunities into profitable contracts over the coming months. The Company's board of directors remain confident in the overall long term growth prospects of the business
EPS and dividend up. Why do we have a 9% drop?
40,000
1.5m bought for 63.5p at 14:32
Why has there been no reaction to todays RNS?. The figures look good to me.