Actual Experience plc – from a claimed “'need to have' for IT and Operations leaders alike” to administration in less than four months! (as I warned)
Previously writing on Actual Experience plc (ACT), in July as its Chief Revenue Officer Roy Jugessur argued the company’s “continued growth proves that our disruptive technology is a 'need to have' for IT and Operations leaders alike”, I questioned why it was forecast to run out of cash by December then – and concluded, despite the shares then soaring back above 1p, that it remained a financial concerns in the current challenging funding environment sell. Today an “Intention to Appoint Administrators & Suspension” announcement – how’s that “'need to have' for IT and Operations leaders alike”, then Roy?!
