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Hopefully means good news
Suspended at 5.25. So sorry for those that got duped by GB.
Not promoted Icon today......
so all derampers stop thinking about me
I congratulated My dear colleague Gordonbennett.
Mms couldn't handle the icon heat
When suspended, whats the usually reasons and outcomes, quite interesting.
I only had a small punt...
Your dear colleague is now backtracking and stating he only has a small punt here as it has now gone to 💩. You can’t make Earl and GB up. They need their own circus to star in.
Tomorrow
watch out!!!!
whose buying...... billionaire buying the company I'm holding.... boom
all welcome before British billionaire adds more to his name.
already he paid 4.5p
how sp 1.6p
do the maths
BHL
tommorow c ya!
At least before suspension the price was going up and not down - Fingers crossed it's good news.
GLA SR
Well they're going to have to notify the market why it's suspended - should be an RNS tonight really!
What are some of the reasons behind shares being suspended?
Broadly speaking, companies have their shares suspended either because of breaking the rules of listing on the market, or pending an announcement clarifying the company’s financial position.
In terms of breaking the rules of listing, trading is suspended to allow the company to formally address these matters of concern to the satisfaction of regulators, thereby protecting current and potential investors.
When it comes to the AIM Market, as well as failing to submit half-year reports and annual accounts on time, other common causes for shares being suspended include:
The AIM company ceasing to have a nominated adviser. If within one month of this suspension, the company has failed to appointment a replacement, then the AIM securities will be cancelled (Rule 1).
The AIM company announcing that a reverse takeover transaction has been agreed or is being contemplated. In this instance, shares will remain suspended until the company has published its admission document in respect of the enlarged group or the proposed negotiations are terminated (Rule 14).
The AIM company putting in place changes that can be judged a fundamental change of business. Under such circumstances, the company must work alongside their adviser to re-prepare their AIM admission document and go through the processes required for re-admission to trading of its shares (Rule 15).
Who knows - if it is good news it might re-open at 7.25p ?
Although Iconic are not on the AIM market
Why 7.25
But I like your optimistic side.
My optimistic side thinks 🤔 if we are to believe the story line, from this morning, a 2 million buyout. 20pence.
"a 2 million buyout. 20pence"
Stampee, that is also a perfectly reasonable point of view.
Https://www.voxmarkets.co.uk/rns/announcement/8546954d-e61a-4c75-a80c-8c95097fbfa5/
The Financial Conduct Authority ("the FCA") temporarily suspends the securities set out below from the Official List effective from 28/02/2024 16:00, in order to protect investors pending clarification from the company:
I hope it turns out well but that doesn't sound too good
Denotes the security is being admitted to trading on the London Stock Exchange, a Recognised Investment Exchange.
Is it changing to main market??
@12.15 today someone was doing the rounds, across many sites, saying a buyout of 2 million, the share price was hovering around 2.25 at that time.
That poster had only opened his account name 2 days ago, and only 14 posts.
If you look everywhere around that time, that poster doesn't exist anymore.
So 1# this poster knew today it was going to be suspended today, and got in the rounds to make a quick buck. Very suspicious, whom would of known this info 🤔.
2# could be a buyout on the horizon 🤔
3# why has this poster disappeared from the sites 🤔
I thought ICON was Main Market.
Temporary suspension, good or bad? Let's hope it does come back and do a WRN, but I doubt it. If it goes down the pan this time, please stay there.
Here's how it works, when a share roars, with no recent news release, Mr Market asks the company the question, it is then down to the company to respond (often a no known reason response) to satisfy Mr Market, or a quick release , actually we have been.........
In this case it appears , no instant answer forthcoming from the company (might need time 7am rns) so Mr Market has initiated the suspension...........so now we wait.......for news update GOOD or BAD............GLALTH
Suspended as share romping over 100% on ZERO news, not sure what the current threshold is but use to be around 50% sustained rise for the day , then if no release, Mr Market ask's the company WHY, if no immediate company response or Mr Market not happy with the response (like wrn) they initiate a suspension of the company, then it's down to the company to give a mandatory update GOOD/BAD with clarity, once this process starts, Mr Market will not settle for jam tomorrow if possible maybe for a re admission.
Company has to come clean, or they will remain SUSPENDED, until they do satisfy the authorities (some never do wrn)
Shouston, Massonmaster, iconic is MAIN MARKET , ffs