AQSE:INT

IntelliAM AI ended July with thin volumes, so the valuation call is still on ARR, not the tape. IntelliAM AI plc closed Wednesday at 82.5 pence on Aquis, holding steady at the exchange’s stated mid price. But the spread told a different story — 75p bid, 90p ask, putting it at 18.2% of the mid. The Aquis data listed a market cap of £16.17 million. Shares sit just 6.5% above the 77.5p low from earlier this year and remain 44.1% under the 147.5p high.