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InternetQ, Still betting on Common Sense Over Pride.

By Lucian Miers | Saturday 13 February 2016


Disclosure: The author has a short position in one or more of the shares mentioned. 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.


On Dec 14th last year I pointed out that if Toscafund and its partner Penta Capital were still happy with their madcap €104 million valuation for Akazoo, the music streaming business they bought in to last year, they could buy out the whole of InternetQ (INTQ), their majority partners, for less than half of that amount and still have the rest of its business thrown in for free.


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