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Image Scan Holdings – interim results, cash crunch ahoy?

By Steve Moore | Tuesday 2 June 2015


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 previously commented on Image Scan Holdings (IGE) in April – noting that strong, quick sales of new kit look to need to be delivered or financial trouble again doesn’t look far away (see HERE). The shares were then 1.875p. I now update with them currently at 1.375p following results for the six months ended 31st March 2015 announced today…

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