Itaconix Share Discussion Threads

[geraldus] 04/4/2017 15:58

Had some more of these today in the end of tax year re adjustments.

[battlebus2] 04/4/2017 08:06

Changes to intangibles from recent results announced this morning.

[battlebus2] 28/3/2017 10:18

Thanks for the new thread BBD..

The 8mm cash at Y/E should see us through until we gain a little traction and profits. Huge potential here over the long term. imv

[bigbigdave] 28/3/2017 09:39

!FOLLOWFEED

[sijotread] 06/12/2002 18:41

No, it means Public Limited Company.

[mi££ions] 25/11/2002 19:18

It's called Danogue PLC. Doesn't the 'PLC' mean it's a publicly listed company? Where is it listed?

[crestseal] 06/11/2002 22:17

Danogue isn't listed on aim yet hope it will be soon.

[kir] 06/11/2002 21:45

Any news of itx, the one on my portfolio seemed to have changed its name to Danogue - value is still nil.

[storminsteve] 18/10/2002 14:08

tom winnifred and kavanagh names we will forever forget.

[johns_ok] 04/10/2002 12:13

Good question ajrice.
So what is the future of ITX?
Does anyone know?

[ajrice] 03/10/2002 09:48

Pardon my ignorance but does anyone know if ITX is totally and finally dead; if so can I discard that useless piece of paper entitled "share certificate"?
ajr

[dragonhorse] 24/5/2002 09:59

InterX ....InterthebigbrownDooDoo.

[callumross] 21/5/2002 00:12

percival2002 - I've got to give you credit - you were spot on with this one.

[isis] 20/5/2002 13:58

Another one for the pot.

[crestseal] 04/5/2002 00:27

Interesting trades today

Any ideas anyone

[m.t.glass] 30/4/2002 10:28

Dropping like a brick..

[mug punter] 18/4/2002 08:52

From Citywire Yesterday evening.

Just about sums up the thoughts of most of us on this thread. Still looking for 6p again on this one.

18:32, Wed 17 April 2002

Tech Stock Round Up: Interx's buyer

* InterX (ITX) has at least manage to salvage a vestige of self respect by selling the rights to its software products to claims management software business The Innovation Group (TiG) (TIG).

Citywire has pointed out on a number of occasions that InterX's faith in its Bladerunner software was not supported by customers rushing to buy the thing, and InterX re-invented itself several times in the course of about 18 months to try to jump on bandwagons such as mobile data, eCRM (electronic customer relationship management) and the like.

Today's deal sees stock market darling TiG buying Bladerunner and its successor Net2020, which has now reinvented itself again as a piece of software that unifies a company's disparate websites into a single portal. TiG's involvement presumably came through InterX customer Royal & Sun Alliance, also a TiG customer, which used InterX technology to launch its MORE THAN venture for Internet and digital TV services.
continue..

TiG is paying an initial £1.3 million for software that apparently cost InterX more than £30 million to develop in the past two years. It will then make a further deferred payment of up to £7 million, depending on the licences it manages to sell for the InterX software over the next two years. TiG also gets an option to subscribe for 1.5 million InterX shares at 6p each, a discount of 73%. Quite what will be left in InterX after this remains to be seen, apart perhaps from any cash it has not managed to burn yet.

TiG thinks the software will be very complementary to its existing offerings, and has made a policy of trying to own the intellectual property of all the software it uses. The news sent its shares up 21p to 167.5p, valuing it at £322.5 million. InterX shares fell 1p to 21.5p, valuing it at £7.5 million. Neither company has been available all day.

[mi££ions] 18/4/2002 08:42

I wrote off InterX a long time ago. I don't know why I keep looking at this thread really, maybe out of surprise that it's still listed!

[mug punter] 18/4/2002 08:40

From Citywire Yesterday evening.

Just about sums up the thoughts of most of us on this thread. Still looking for 6p again on this one.

18:32, Wed 17 April 2002

Tech Stock Round Up: Interx's buyer

* InterX (ITX) has at least manage to salvage a vestige of self respect by selling the rights to its software products to claims management software business The Innovation Group (TiG) (TIG).

Citywire has pointed out on a number of occasions that InterX's faith in its Bladerunner software was not supported by customers rushing to buy the thing, and InterX re-invented itself several times in the course of about 18 months to try to jump on bandwagons such as mobile data, eCRM (electronic customer relationship management) and the like.

Today's deal sees stock market darling TiG buying Bladerunner and its successor Net2020, which has now reinvented itself again as a piece of software that unifies a company's disparate websites into a single portal. TiG's involvement presumably came through InterX customer Royal & Sun Alliance, also a TiG customer, which used InterX technology to launch its MORE THAN venture for Internet and digital TV services.
continue..

TiG is paying an initial £1.3 million for software that apparently cost InterX more than £30 million to develop in the past two years. It will then make a further deferred payment of up to £7 million, depending on the licences it manages to sell for the InterX software over the next two years. TiG also gets an option to subscribe for 1.5 million InterX shares at 6p each, a discount of 73%. Quite what will be left in InterX after this remains to be seen, apart perhaps from any cash it has not managed to burn yet.

TiG thinks the software will be very complementary to its existing offerings, and has made a policy of trying to own the intellectual property of all the software it uses. The news sent its shares up 21p to 167.5p, valuing it at £322.5 million. InterX shares fell 1p to 21.5p, valuing it at £7.5 million. Neither company has been available all day.