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IFNC Infonic

1.125
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Infonic LSE:IFNC London Ordinary Share GB0033423343 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 1.125 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 1.125 GBX

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Date Time Title Posts
09/3/201209:32Infonic1,505
08/11/200707:22Buy @ 8p Target approx 12p Medium term (50% Profit)5
06/11/200710:1360 - 80% Return Short term1

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Infonic (IFNC) Most Recent Trades

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Infonic (IFNC) Top Chat Posts

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Posted at 13/10/2010 12:52 by amt
Well I think you were unlucky since one would have hoped that a share quoted on AIM would have had some protection from such activities. Appears that no regulation worth talking about exists.
Posted at 10/5/2009 21:28 by h101
Thanks Rabbrooks.

Excluding BT (pension fund?) and PacCon, nominees come to about 110 million shares. At about 2p per share that comes to about £2.2 million. Now most people will have higher purchase price. Mine was about 6p. For the sake of argument let's assume everyone bought in at that. So the small shareholders have lost at least £6.6m.

Surely if there was the slightest suspicion of wrongdoing, a sum of that amount would warrant serious investigation. If that sum had been suspected of being fiddled by an employee of a major company then something would be done.

At risk of repeating myself I think SFA is being done, and we are being fooled into thinking it is (broomsticks apart). Maybe one of the BT pension trustees ought to be advised.
Posted at 30/4/2009 14:02 by borsya
so can anybody tell me is there any chance to get the money ( or part of) back?
Tomorrow IFNC will disappear from the screen, so I just wonder what can be done.
IFNC published on their website (some time ago) that they were tipped as a "stock booming with potential" how sad ..
Posted at 05/3/2009 08:09 by volvo
The only way the likes of Mark Thompson will stop doing these types of scams is when they are taught a lesson. A lesson that reminds them not to do it again.


VOLVO - 23 Jan'09 - 18:38 - 1233 of 1424 edit


Everyone here has lost their money.

Fact end of story.

Look at the recent attempt to get the share price up with new none existant orders.

Mark Thompson has been taking 192k per year every year with bonus.

Thanks very much, no orders no money because the staff have been taking it.

Sorry for all concerned
Posted at 11/2/2009 18:49 by amt
Well at first I though unbelievable but then I have seen shareholders ripped off over the years so its just another case in a long line. No doubt I will continue to invest on the stockmarket but never again in very small companies. Its a mugs game where effectively its robbery with a smile on its face. In the long run these activities are just another nail in the coffin of the city of London which has already has lost all credibilty. The AIM market is a disaster and even good companies have had their share prices decimated and I am afraid they will never recover now since no one will invest in the future. Interesting that RCG holdings listed on the HongKong stockmarket at about 4* the price of its value on the UK market, which says it all really. Its a great pity that the greedy city budies have destroyed the goose.
Posted at 22/1/2009 12:51 by egoi
Broom, LOQ and Coolabi have had similar S+F announcements in recent days.

Fwiw and not that anyone cares, I think we have almost reached the 'tipping point' (no not rubbish tip lol) where the balance of risk has swung in favour of the buyer here at this price. Now some of you might recall I don't rate these nasty intangibles, however if IFNC do need funds, they might be able to unlock some value in this instance from selling parts of the business.

And if they don't need funds then the results should show enough improvement to merit a share price rerating. I make the market cap about 6-7 million and that doesn't look unfair imho.

That said, there are a lot of cheap companies where things are 'more sure-footed' and right now I need funds, not spending same, but IFNC is definitely higher on my radar (helped by Broom's recent posts) than for some considerable time!
Posted at 15/1/2009 14:00 by joestraughan
I see from ifnc's website that two new partnerships have been made for doc management, which both look interesting and should prove fruitful?

18 Dec 2008 - Iris - accounting software (lots of possibilities?)
12 Jan 2009 - Top Image Systems

Ifnc's share price has been flatlining for far too long!! I see that Singer & Friedlander have reduced - must need that cash back in Iceland !!
Posted at 07/1/2009 12:53 by joestraughan
broomsticks - thanks. Lexalytics might have been valued at $21m but it is currently being valued at around $1.5 to 2m dollars at most, if we take it as say around one-third of ifnc's current valuation! If lexalytics held off raising capital, then it is obviously relying on the parent, ifnc, for cash! I take this as a positive in that ifnc might be generating some reasonable cash now? Still might be the possibility that ifnc may look to float this off or demerge it later - I guess this might be the way they hope to make some real money?

If only ifnc communicated more, then I could stop this idle speculation!
Posted at 19/11/2008 19:24 by dreamsurfer141
True, Joe, but I'm perplexed about two things with the most recent announcement(s):

- Why haven't the directors bought more shares? (Especially Mark Thompson) Are they in a closed period?
- Why aren't we licensing our patented compression technology?

I can't help but feel annoyed about bullish comments from Mark Thompson saying that the current share price "means nothing" and not purchasing more shares. It adds to my worries that there is something "not quite right" at the management level. I don't have anything substantial other than the finance director leaving and dumping his shares, it's just a gut feeling. And also regarding the research notes saying that the company is worth 10p+.

I believe the licensing issue has been discussed before? What were the arguments for and against? If it's patented, and it's the best, let's license it to as many ISVs as we can especially ISVs who similar collaboration software solutions.

Apologies to sound a bit negative and the two contract announcements and subsequent share price is rise is excellent to see. I just hope it continues so that I don't have to write off another investment is a good company that was a victim of the credit crunch!
Posted at 14/5/2008 11:54 by egoi
Will it ever stop; more dilution today and beyond; herein lies the problem with IFNC's share price of course. They've issued so much equity to all and sundry, endlessly, every time one seller clears off there are others waiting to take their place. It's not being valued on potential but on 'weak' institutions cashing in their chips.

This set of four 'new' lots goes back to 'varied' arrangements from 2005.

The Company announces that application has been to the London Stock Exchange for 927,362 ordinary shares of 1p each ('Ordinary Shares') in Infonic to be admitted to trading on AIM. It is expected that Admission will become effective and dealings in these Ordinary Shares will commence on 19 May 2008.


The shares are being issued as part of an earn-out and deferred consideration under the terms of an acquisition agreement to the vendors of Tokairo Ltd ('Tokairo', since renamed Infonic Document Management Limited), having been varied in terms of the timescales for the issuance of shares and the amount of shares to be issued. The original agreement relating to the acquisition of Tokairo and its terms was signed and announced on 15 December 2005.


Under the terms of the variations, the Company will issue a total of 3,474,538 new ordinary shares in four tranches over a period from May 2008 to January 2009, at the share price prevailing at the time of issue. This issue of equity is in respect of the first of these tranches.


For the purposes of the Financial Services Authority's Disclosure and Transparency Rules, the total number of ordinary shares of 1p each in the Company in issue following admission of this tranche of shares will be 269,714,418, with each share carrying the right to one vote.


There are no shares held in treasury and therefore the total number of voting rights in the Company will be 269,714,418.
Infonic share price data is direct from the London Stock Exchange

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