News blog
Acta
- BY: Andrew Hore |
- POSTED: 17/07/2008 |
- COMMENTS: Add yours
Acta says that revenues increased substantially in the first half of 2008.
The catalyst developer is still losing money but it has enough cash to see it through to the middle of 2010.
Acta has made technical progress and is filing more patents. It is developing products for more than one sector or market. Acta says that there is a lot of interest in alkaline fuel cells.
Chief operating officer Toby Woolrych is leaving the company this month.
Acta shares have been falling back this year. They recovered 3p to 23.5p but that is still less than half their level at the beginning of 2008. Acta is valued at £9.6m.
The interim figures will be issued on 24 September.
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