ICQ 0.00% 53.0¢ icar asia limited

Ann: ICQ grows quarterly cash collections 45% year-on-year-ICQ.AX, page-16

  1. 2,265 Posts.
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    I bought into this last November on the "rumour" of a possible takeover by one of the big players (Carsales, I think). That now doesn't look likely and the figures mentioned in the posts above are uninspiring/worrying. It's on my list of stocks to exit from, as it is hard to see it growing much in the mid-term. Agree with others that the failure to advise "lead and audience data" is a worry, especially in view of increased cash burn. Not selling just yet, but the finger is on the trigger and it's getting itchy!
 
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Currently unlisted public company.

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