The terms of the agreement with EHGOSF have clear changed. ICONIC really had a duty to inform the market of this. Otherwise negativity starts and sentiment changes. What is to stop further tranches happening before the prospectus gets published. Come on Brad, we are not far off April so you must have something concrete by now to update the market with.
You could say that about buying into any stock to be honest. You either get in early anticipating positive news flow or you wait for positive news flow and then buy in. In hindsight nobody would have bought into ICON when it came out of suspension based on no positive news flow. That’s the risk of investing aka gambling.
RE: Brad Taylor stated on relisting....13 Mar 2023 15:10
It’s normally the case with T212. They usually go through in large batches. No idea how it works mind you. No broker fees as such (built into the buy and sell prices) but crap when coming to buy and sell.
Fook me, there is some serious ramping going on lol. Yes it is looking good but nobody knows for certain what will happen. We have managed to stay in the 30s which is a good sign which is all I can say.
It struggles to maintain the 30s at the moment and drops back to the low 20s. Obviously with the pending news getting closer we may see a different outcome. On the assumption the news is positive it will be interesting to see if the SP can get back to the 40s and stay there this time.