CommQuest to acquire Inspirus and InfoDial

CommQuest to acquire Inspirus and InfoDial

Analysts predict acquisitions will significantly increase stock price

CommQuest (ASX: CQU) intends to acquire Inspirus and InfoDial in a move which analysts predict will substantially increase the company's stock price.

CQU is company which provides end-to-end client solutions to the marketing industry. Inspirus is a bulk email and SMS/MMS provider, and InfoDial provides interactive Voice Recognition solutions.

The announcement has led analysts Abm Amro Morgans to recommend purchasing CQU stock, with a target sell price of $1.23. The stock is currently trading at $0.47 per share.

The analysts predict that the move will have no effect on the company's 2008 profits, but will add around $2 million to the company's revenue for the 2009 financial year.

Follow Us

Join the newsletter!


Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.


Show Comments