IndigoVision - looking extremely undervalued!

Ing Groep N.V stock quotes

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fusebox - Sat, 22 Oct 05 :

Another reason the telegraph article aint worth the paper its written on is the valuation is wrong...

At the present price its about £14 million but has assets of less than £3 million.

The comapany is going through millions in cash and only has 1 million left.

The likelyhood is the company will need to raise more cash even if it moves into profitability albeit expectations are mixed and the most optimistic expectations only a small profit.

Not good news at all.


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