Member Info for SmallerThanLife

It's almost two years since KKR took IQ Geo private. I held on to a sizeable chunk of shares in the hope that the company would eventually come back to the market at a higher valuation. I imagine that is still the plan, but I haven't heard a word. Does anyone have any news on progress?

All over red rover.

This has been on the cards for some time unfortunately.

When STM was bought out it had - from memory - about £20M cash, now it is administration with £38M of secured debts and maybe more liabilities on top.

It looks like asset-stripping on an industrial scale. Someone will have made a lot of money from this. Not us though!

These things happen too often on AIM.

The market will soon make its own judgment on this T/U but my view is that it won't be received very well.

It looks like the company was holding back from making the update last week so that it could sugarcoat it with the acquisition news.

I fear the market will see through this. As a shareholder I hope I am wrong in saying this.

We will find out soon enough.

It's most likely because of the Simon Thompson tip in the Investors Chronicle. All 10 shares he tipped have jumped today.

Still no T/U as of Friday 7/2 midday.

I hope it's not a case of bad numbers taking longer to add up than good numbers.

Thanks Contrarian - nice to hear some analysis. Let's see how things go today.

The absence of bad news in the T/U was a relief. Hopefully the SP has support at this level (1750p).

Thanks. So cash on or before 19 November.

Does anyone know the expected date for our shares in DORE to be cancelled and for the sales proceeds to be credited to our accounts?

There was a nice little uptick in the SP late this afternoon. Let's hope it heralds some good news next week. I've added a few more shares just in case!

I'm with Rich62. I also go for 90p at the end of September.

I hope so as I just added some more today!

I bought some more INOV.L at just under 16p this morning through a different platform.

Looks a pretty decent bet to me.

I agree 100%, desoc.

Never a good sign when a company sells the divisions that are growing and keeps the ones that have stalled.

NCC could well become a takeover target, as you say.

Thanks for the explanation, OF.

Any idea what brought about the 10% SP drop at closing yesterday (11 Dec) which was then immediately recovered on opening this morning?

I'm detecting a bit of cynicism towards SWG.L here!

The shares have certainly gone nowhere but doen since I've held them.

Good timing! Below 50p after today's RNS.

Is this bridge maintenance issue going to blow over quickly or is it the start of a long term problem.

I hope it is the former and added a few shares at 55p today. Risky.

Agreed that some of the valuation changes look a bit arbitrary, but the 50% discount to NAV still looks very appealing.

Following the well supported fund raise the shares now seem to be edging higher. Is something afoot?

[Having seen my investment lose 90%+ over the last few years I know that I'm probably clutching at straws here].

I can't say that I have. I'm just happy to be getting my 60p per share.

Happy days - and congrats to you Morbox! It's been a long haul.