Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
I am in no doubt whatsoever that InternetQ (INTQ) is a worthless enterprise which smells all wrong and cannot generate cash - something I believe is demonstrated HERE. And that is why its shares have slumped from 350p last spring. But they have been rallying in recent days and now we know why, the CEO is mulling a bid. The shares soared on that news to close at 139p. So what next?
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Comments
Elrico
I’m wondering if the authorties noticed the buying last weak, seems very suspect to me.
filthy lucre
That will teach you to propogate Lucian’s ideas Tom!
I suspect that Simon gave you Quindell a couple of years back,
but that you were too arrogant to recognise when the profits had been made.
Tom Winnifrith
Filthy
just piss off & suck Rob Terry’s cock you apologist for fraud. You are – as ever – talking rubbish
T
Elrico
Tom – If I am going to be accused of being you on ADVFN, please at least talk the Queen’s english, even us Northerners are not used to that language ffs :-)
Bearfacts
My post on LSE today gives my opinion:
Don’t doubt the TW his normally not far wrong, anyway just to clarify Tosca invested €17m last year in the subsidiary not the Plc as if you check reg it not a significant Plc shareholder and Penta were simply the managers of the investment.
And since the company has a free float of around 15% and only about 15% of those share traded yesterday that’s the reason for the big rise, is good news for PD and I’m sure as Penta are involved again this Plc will be delisted and gone private of which is probably the right move.
I’m sure if the they can get L&G and other shareholders on board it will happen, all depend on the nitty gritty details.
GLE…