focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Read the latest RNS '' The Board is comfortable with current market expectations but notes that trading has become more challenging in the first half of 2023 as customer budgets have come under pressure''
Lanks. I suspect the only reason that Icon has been saved is so that EHGOSF can recover some of their funds they had lent to Icon which they are now successfully doing by the process of a 'Death Spiral'. Remember there is still a further £2.25m of shares to potentially to be issued to EHGOSF and sold which will dilute all investors a further 50%. If no further funds are drawn there is still the 20% facility fee to pay on £2.25m again diluting investors. Once EHGOSF have finished rinsing everyone there will most likely be a revers takeover which will involve ICON obtaining finance or issuing more shares to purchase a larger company, again no benefit to shareholders. I suspect there will be a small spike in the share price when/if a prospectus is issued however following that will be another drawdown of funds from EHGOSF who will then sell into any spike and bring the share price back down again, death spiral. I had shares in Icon but I sold them all on the first day back from suspension as it was obvious what was going to happen to the share price.
''Bounce is on'', What a load of rubbish. EHGOSF Presently has 2,184,000,000 warrants with an exercise price of 0.016 with a potential 6.552 Billion more to come. So pray tell me what do you think EHGOSF will do with these warrants if ICON's share price rises to 0.025 ?? Oh yes they will exercise their option and sell another billions more shares..........
I know this might seem far fetched but could Dr_Calvin / Dr_Krebs be working for EHGOSF ?? Just bear this thought in mind and re-read all their posts, they seem to have inside knowledge, they want to bring ICON back to market to get their money back, they wanted us to support resolutions to issue more notes to EHGOSF and now they are suggesting something big to come so we hold on to our shares and not crash the share price, again to the benefit of EHGOSF ? Opinions please.....
''Under most circumstances Administrators can be appointed by a QFCH (ICONIC's creditors) using the out of court procedure. There is no requirement for the Company to be insolvent but, as above, the charge must be enforceable''. It is just a standard process by the creditors and has nothing to do with Administrators being appointed to wind a company up through bankruptcy due to the company being insolvent, the creditors are just trying to get thier money back. Give it a week, the debt will be repaid, suspension lifted and shareprice will rocket. Probably the best thing that could of happened really.
Flutter667 it was only yesterday that you were talking about X10 Mcap....so what has gone wrong then ?
Looks like the priced has crashed this morning...I guess they have nothing to do with the GOC Covid-19 App then......looks as if I was right after all. So hands up who bought shares in the past 2 days and are now sitting on a loss or did you all manage to get out with a profit ?
Anyone ''Can offer their services to the Gov'' but what use is the Verify platform to the GOV in helping the Covid-19 APP ??......It is no use whatsoever.....Ill informed speculation. Think about it.....I am a CEO of a business how am I going to get people to invest in my company...I know I will tell them their investment will increase x10 fold....if its too good to be true.....
From he latest annual report ''Trading performance of the Group has previously indicated the existence of material uncertainty, which may cast significant doubt about the Company and the Group's ability to continue as a going concern. '' & ''Directors' Report, and the Board may also consider raising additional capital in 2020.''.........Dosn't look good for the future does it.....share dilution or bankruptcy ?
So I havnt left my house but get Covid-19. Gov app can tell who has been close to me with bluetooth data on APP....How on earth is a bluetooth beacon in a closed shopping mall or the underground going to help ??...Pointless
Why would LSAI have anything to do with the Gov Covid-19 app ? LSAI is based around IP & GPS location data and varifying the accuracy of this data through machine learning. The Gov App is all about Bluetooth and the vacinity of other bluetooth enabled devices. They have Nothing to do with each other. The Gov App works by recording who has been near who so possible contamination...it has nothing to do with location apart from user entered data. The share price rise is all based on incorrect speculation and the price will go down as quickly as it went up.
I don't want a takeover. Seriously what do you think the offer would be at this time, 2p, 3p ? I think the company is worth a lot more than that. They have moved away from reliance on Facebook, have a lot more income streams, cash in bank, no debt, predicted £20m tornover and showing a profit in 12 months. Hold out for another 12 months and any offer would be in excess of 5p in my opinion.
First trade this morning was a sell @ 1.39 yet you can now sell 5,000,000 at 1.47..........Someone has placed a big order ??
Are tangent building their stake ??? Could a bid for the rest of the company follow ???......Tomorrow could be interesting ???
If you take a look at the figure it is the Exact number of shares that Invesco held so it looks as if Invesco has sold all thier remaining shares and someone else has bought them all. An intelligent guess would be Invesco have sold all their shares to Tangent ???
Could she be spending most of her time at her other business Concured Ltd and dosn't have the time for BBSN ?
S4KSecurity Personally I have been following this share for a couple of years and been in and out once for a tiny profit.With the record lows I am debating if it is worth another punt at this price although it does look like it is now Double or Nothing on a FO deal being agreed. I am just trying to make up my mind and I find it easier to do by posting my thoughts as it sometimes makes things clearer.