Member Info for barnetpeter

I sold at 8p last week. Tempted to buy them back if we see below 4p. Always going to be very volatile. Always gambling here.

Did you know that the various directors over the last two years took out.....nearly £700,000 in salary and fees? Nearly the current market valuation.

56 trades all day? For the moment the herd has moved on or just taken a break. Back next week.

It has been such a fantastic week for the small caps that punters need a break. How many 100 per centers have we had this week? Tons....including this one. One of my best weeks for many months. No-one wants to open up new positions before the weekend. They will be back on Monday ....have a great weekend!

After a near 200 per cent rally on one day you cannot blame anyone for taking a thumping profit. I see these falling back to 7/8 pence myself. I am eager to buy back in but I know I have to wait. Patience!

Volume has collapsed today....the crazy spread. I think it needs to go lower and the market makers need to be less greedy

Yes...although they raised a very decent amount £550K was not taken up at the discount price. On the face of it those offered this stock could have made an instant profit so perhaps the mms warned them off.

I made a good profit here and no longer hold and I will not buy back in until around the placing price.

It’s good! The market that is. Aim index is leading the way. Every day this week we see 100 per cent rises and that feeds into other stocks. Icon is at tiny mkt cap and all the profits are going to the private punters. Like me.

A big fall from this morning! I reckon the new shares were available this morning and were dumped on the mkt…for a very good profit of course. I reckon we will see closer to 10 today or tomorrow. Maybe lower. Does not really matter. Shares go up and down and the mms have now got more shares to play with. Soon be moving back up given a day or so

Fair points. I would just point out that for the moment all costs are being met and the mkt cap is just £650K so a reverse is possible. Def a punt ....and very volatile. Could be suspended tomorrow. Or announce a deal that could see the price treble.

Yes it is tough to exceed six blue days in a row. Some have made good money and have cashed in today. Cannot blame them. I have sold out a few other shares that have soared today…all or part of them. This is the time to make some money on small caps.

Yes the company has no assets and large negatives on its balance sheet. Sold everything it could and raised everything it could. I will watch it until it finally is gone. I have learnt a lot from this company!

The amount of money lost on this stock is staggering. What do they have to show for tens of millions. A few barrels a day. Worthless. Meanwhile the price falls lower and lower. I cannot even think how they could raise more money at this price. Almost impossible and after hundreds of placings even the most desperate will pass on this. The share price is down 99.9 per cent and the reality is that PI’s have bought this all the way down and have lost every time. An insider (I think) said a few years ago that if you buy these you should expect to lose money. That is the way things work here. He was right. All of the so called positive rns turned out to be nonsense. The company had funding to build a substantial business not just a few nodding donkeys. I suspect you could buy all of ntogs assets for less than 50k. You would laugh if you physically saw what ntog owned after so much money. You have to give credit for the fleecing of private investors after so many years. The business here was not oil and never was oil. I think you all know one director who got rich here. I have a freeroll here…worth less than the broker commission. I am not sore about it. Just amazed if was funded for so many years. Even the mugs are not buying this. If you buy some of these and others buy it take your money out quick! Every long termers here over a decade have been wiped out

Mkt cap just £400,000. Property sold for over £700,000. Will have cleared debt and made about £100,000. no idea where now for this.

"the Company's key funding partner, through its WTGO fund, has confirmed that they will fund this amount and continue to fund Iconic on a rolling three-month basis"

only 700K and on the full list. What if they get a good deal in the AI sector. 7 million cap would be a ten bagger from here with little downside ....bearing in mind everything is being covered. Its like a free bet....

Yet another day closing at the highs. I make that six days in a row and the price has doubled now.

Some big trades....30 million and so on. No idea what is buy or sell.

Sold out at 7.1....now bought back in 5.67. A gamble of course until agreement confirmed but back to roughly the placing price.

Strong start today. I see 100 this way as a possibility this week or next. Still hugely down this last 52 weeks and still a punt of course.

Got a small freeroll here. Seems the company is doing ok but this is just the type of company that the government is hurting. Part timers cost a lot more now after the significant NI increases and so on. I support increases in minimum wage but small companies are struggling. I won’t be selling but I won’t be buying more. Too much risk here of delisting esp if big increases in taxation in the autumn are on the way as predicted by the press

Bankrupt really. Look at the debt and the oil money just about pays the interest. I bought a few at just over 3 so I need this to double and a bit to break even. More investor money blown here.....

The new management should be given a chance though.....so lets see what they can do over the next couple of years. Real long shot and so many placings over the years.

We welcome Lucy. She was right just at the wrong time. When a stock rallies every day and closes every day at the highs for a week.....it is a stock to have money in...... going higher and that might be for weeks. Any long termers should have bought more here....best way to get your cash back