Readcloud positioned for “strong growth”

A provider of digital education content to the education sector, Readcloud‘s (ASX:RCL) latest quarterly results have been well received by the market. The business has reported continued strong growth in both customers and contracted revenues, with Q1 sales increasing to $0.44 million. Cash receipts from customers improved 38% from the Continue Reading

Why the Readcloud (ASX:RCL) Shareprice is tumbling

Shares in digital eLearning solution provider Readcloud (ASX:RCL) were down 14% by mid-afternoon on Monday, and are now down roughly 50% from their 52-week high. So, what’s going on? With no ASX-announcement to act as a catalyst, and only a small volume of orders, it looks as though the move Continue Reading