RCL 8.70% 10.0¢ readcloud limited

aXcelerate

  1. 5,773 Posts.
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    I notice that aXelerate has had a good trend of increasing brand searches (red line), particularly in the past 4 months.

    https://hotcopper.com.au/data/attachments/2465/2465844-45b9e7934d8f7b1cc4cdf5b144d05fa5.jpg
    Though do Readcloud only use aXelerate as a service provider? So this doesn't really provide a direct insight into Readcloud? Unless it was an industry-wide phenomenon.

    Readcloud's search volume is low enough that it's hard to distinguish a trend (blue line), but it looks like it might be up.

    I think Readcloud was investing a fair bit into integrating aXelerate for the past few quarters, for the VET division - maybe to increase process automation, to save time/costs, I assume.


    On an unrelated note, there was no volume lately. It looks like the recent substantial holder notice was accumulating at a decent pace for some time, then when they broke 5%, they stopped accumulating and nobody else has had any buying/selling interest.

    Some volume will have to appear by November, since there's a quarterly due, and options conversion due right after that. I've accumulated too many options, so I'll need to save quite a bit of cash before then. At least it gave me a good opportunity to accumulate, since it would be tough with the regular shares.
 
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