News blog

IQ Research

  • BY: Andrew Hore |
  • POSTED: 07/11/2007 |

Research and consultancy services provider IQ Research plans to move from Plus to Aim. 

North London-based IQ focuses on the financial services sector. It wants to raise £850,000 at 2p a share which is less than the current Plus market price. That should value the company at £1.6m. IQ is loss-making and floated on Plus/Ofex in 2005 at 8.5p a share.

Some of the cash will go on the purchase of Rosslyn Research. IQ is paying £400,000 cash and £200,000 in shares for the business which is making a profit of around £100,000 a year.

© 2021 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Browse by issue
All issues
Popular tags
All tags

betbrokers, financial, gold, health, leisure, media, mobile, resources, services, technology

AIM Micro feeds

Keep up to date with articles published at AIMMicro.com. Subscribe to AIM Micro RSS Feeds