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AIQ – well done on relisting, but the share price is bonkers: something’s not right

By Nigel Somerville | Friday 20 April 2018

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.

Standard-listed AIQ, (AIQ) having shaken off my questions, corrected the record over its directors’ other directorships and supposedly dealt with the lack of stock available which sent the shares sky-high when it first listed has finally got its shares unsuspended as of yesterday. But once again the shares are trading at an absurd level for a cash-shell with perhaps, at absolute best, around 10p a share of cash: at time of writing, and no investments, the spread is 100p – 130p!

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