UK 10:45 Wednesday, 7 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
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.
InternetQ (INTQ) the dodgy Greek outfit exposed repeatedly HERE for all sorts of nonsense has published a totally meaningless trading statement. It hides behind the fact that the Chief Bubble is considering an MBO if he can persuade fund manager Tosca to back him.
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Comments
Drunken Sailor
Cash is about the same as it was at 30 Jun. They raised 17m euros since interims. – so that has gone. At the interims they had an excess of receivables over payables of about 36m. If those receivables were received and payables paid and the current position is balance then another 36m has gone up in smoke. The reality is though that the receivables have not been received and may have grown. Either way it is still burning cash and you need to wait for the audited accounts to know exactly how much it has burned in the second half.