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Same here wolves, I'm looking for a trade around 0.0095p. Timing depends on the next tr-1 and whether Mags buying can slow the decline in the share price lol
For example. _e_a
Mag rather than be locked in here .............might be wise to find another investment that’s likely to go up soon.
I dont think mag is imagining anything peeps he is stating the fact that this and Syme are the latest mega multibaggers left on penny shares. I am in both.
dealer - people have brains too. they can see ICON is now a game changer first time in its history - finally getting there. everyone to their own.
Mag you trying to convince yourself. We’d love you to be correct but just can’t see it. And you constantly banging on will look suspicious to others.
hpermarlin - you have invested too early....or been spooked ..but its actually taking of now. reasons provided below.
Mag, don't get me wrong, I am invested here. But, hey, around 8 people (LinkedIn) in their front rooms doing a few hundred K turnover, maybe - something like that, with an awful finance management legacy. You sure this is not a zombie and you are not just chatting away to keep yourself calm? I guess I'd like to know if I should keep ICON as a value in my PF or write it down!!
Here the pro's and con's - balanced view.
Pros
JM Deal close - early October date to be confirmed - Yes £10M rev growth business with large free stake for ICON
Soon to clear legacy debts
Generating revenues now
Progress being made across the business - Correct - A seperate recent ocntract with multi-national goods company - where simlair sevices will be replicated with other similar clients
Last week 0.0335 and going up - Based on pro's value is higher now than ever before.
Cons
BOD contradicting RNSs - credibility shot. But company did say are looking to close old finance situation going forward. And EGHO prefered to close of old draw down/debt with share sale as per agreement - Becuase they know about the pros listed above. They are fund manages! BoD responded asap - good.
EGHOS legacy entitled to print shares independently - NO. Can only clear current debt notes about £350k max now. And will be looking to sell higher. For now PI's and shorts being had.
Thanks
mubs - de-rampers and invisible sell outs will become pumpers here soon. :)
closed 1.50-1.60 - and NT to buy any kind of size for about 6omins - yet opened bid to suck in sellersmon close. Buy and hold, we may see over 0.02p+ - but remember you may buying to build postions for future gains - and NOT 1 or 2 day trade. You do that at your risk! buy and hold following research and major news expected - already outlined in pros and cons.
I think everybody know that one this baord - we are all over 18. :)
Expect news this week. The rise from .125 to .16 in the last few trading hours which was a decent bounce and hopefully this will continue on Monday. Hopefully we got some news before markets open which will help sustain and build on that rise
Kammi - i don't need yours - you have no position now as you sold out on loss - so would you even bother to do research to read the RNS's completly. I am, and thinking about buying more - as supported by OWN all weekend research and facts and investment experience etc. So when people make it - through sweat and toil - don;t say they were lucky. Your first lession in trading/ investment and life in general.
If you bothered to do research - you woud be posted some little gems you might have found. Apart from repeating the same line - when we have dealt with it. You may think everyone is out to get you - and hence you think BoD lied to YOU. If thats the case, then move on. I think to the contraray - they corrected the price so EGHOM can sell down here the 5b and sell the rest under 0.003 and up we trend to a reasonable price based on facts (the pro's which you either don't understand or now don;t care about - which is it?)
take care. and yes, do what you want based on you own opinion - we all do.
I am not being your financial advisor.
Sorry about the error.
I don’t need your investment advise.Is my opinion too painful for you to comprehend? It is my observation that your repeated messages smell of desperation. I don’t agree with your view as I see rose tinted glasses perception. I still believe you have the right to Invest the way you want. I am your being your financial advisor. I don’t think the BoD can be trusted. I will stick to my view. See you when it gets to the price they are selling 5 billion at.
Kammi - if you feel they misled - after carefully reading the old rns's - then you should no investing/ trading period. Go find a blue chip or something at best. You only stock to this point, becuase you sold out fo fear and think ist managments fault to someones - take responsibility of actions and do some research.
I don't think they mislead - i think they did us favour by informing the markets following their discussions with EGHOM - as EGHOM ar smart cookies and know they pps is rising!. I think BoD have Joe media deal is done - BoD just wants EGHOM to get out - before officially anouncing it.
Latino - mentioned experience.
How? If you'd bothered to read all the RNSs you would have seen this was going to happen. It's part of the, I accept painful, process. When it's done we're good to go.
Hi, you are trying too hard to justify your position. The BoD have misled us all. You seem to be ignoring that in all your posts.
good on EGHOM they gave life line to ICON who is about to become profiable. EGHOM deserves some reward here as the lender.....where you when ICON needed you?? well.
And now ICON said they need EHGOM finance and will be closed in the near term - so about £35ok and done.
EGHOM will be stupid to sell under 0..02p. Last time we had shorts as the stock was not going any where...so shorted and EGHOM may have taken what they got - now ICON is going places and investors/ traders are fully aware of this situation. The pro' listed below.
hope that makes sense.
dvharrison - i don't get that school of though. You basically saying you won;t buy, but asking in round about way others to sell to you at 0.01 the you will buy. So why would any one sell you at 0.01 when 5b was about at 0.013p+. Why would soem feed you free lunch down here. EGHOM may give you some BUT not at 50% extra discount :) after 60% recent discount.
This school of thought doess not cut in markets - someone buys higher and then sells to you lower - based on current pro's listed here.
Nice latino - respect
Updated with my research and long view from these levels.
Pros
JM Deal close - early October date to be confirmed - Yes £10M rev growth business with large free stake for ICON
Soon to clear legacy debts
Generating revenues now
Progress being made across the business - Correct - A seperate recent ocntract with multi-national goods company - where simlair sevices will be replicated with other similar clients
Last week 0.0335, so now buy at 0.0155 - Based on pro's value is higher now than ever before.
Cons
BOD deceived market with contradicting RNSs - credibility shot. But compnay did say are looking to close old finance situation going forward. And EGHO requested that allowed to complete leagcy debt with share sale as per agreement during disucssions - Becuase they know about the pros listed above. They are fund manages! Bod responded asap - good.
EGHOS legacy entitled to print shares independently - NO. Can only clear current debt notes about £350k max now. And higher prices.
Limit of of EGHOS tranches unknown - No they have limit on current tranche as announced by BoD on they 17th
Downside risk if EGHOS continue to sell 0.007p - Impossible - As 5b debt shares were purchased between 0.013p+ as demostrated on 17th Sept - who bought these and will they sell now knowing ICON's current positions - i.e. pro's above. Doubt it - or someone gets to buy more on the low - regardless of where EGHO wants to sell.
Thanks
I bought a lot of shares at 0.013p and below and was very excited by the prospects after the RNS stating that, effectively, EGHOS were out and the company would have in place alternative 'conventional financing' during Q4. No more confetti shares to add to the 17.5 BILLION already in circulation. Wrong! The BoD are not to be trusted imo and that, fundamentally, is why I'm out irrespective of my thought on the business model. IF the SP falls to 0.01p I'll look to trade but wish everyone invested the best of luck...
Summary pros and cons for discussion sake, to the point...thoughts welcome!
Pros
JM Deal close - early October date to be confirmed
Soon to clear legacy debts
Generating revenues now
Progress being made across the business
Last week 0.03, so now buy at 0.0155
Cons
BOD deceived market with contradicting RNSs - credibility shot
EGHOS legacy entitled to print shares independently
Limit of of EGHOS tranches unknown
Downside risk if EGHOS continue to sell 0.007p
Latino - sure. I have been in the markets 20+ years. I can see an oppotunity and do 360. Where is de-ramper and your 360 - where is yoru expereince please share for people as thats waht the baords are for sharing and dicussions? - not one liners and have digs at others becuase you are out. I know you bought, did you get stoped OR did you sell out fear due to experience.
Why you here? please state - to get people to sell out on the low....that does not cut it.
ICON will rock in the comming days/ weeks.
Think you’ve made your point...you maybe becoming delusional! Rather than argue with every poster, best to take a step back and take stock of what other experienced posters are saying!
Georgi - More scare mongering then - where r your facts.....both sides! have posted facts - and most people are not guillible as you think, down here.
You defence is they sold debt shares.../ well yes and thats way we are getting shares down here - and not selling so you can buy them cheap. SYME had 32b shares @ 0.05p - over ten bagged - and has no revenue and only potential with £200M mkt cap. Icon now has revenue, and looking to become proftible by year end - and they have busines there now to do so.
so why you advocating sell here on the low end - when ICON business has just started. So i should lestin to you and ignore my facts/ research.