Member Info for Deacs1970

EHGOSF will no doubt be selling into it

* aren’t exactly !!

If and when good news lands this can easily do 100% up in one day. Look at this morning. 20% on no news and the buys are exactly massive either.

I think EHGOSF may stop selling in big 100M chunks for a while until the SP is higher. Who knows. There has to be a big plan for ICON otherwise what’s the point bringing it back. I wonder if they have discussed a possible name change in order to put the past completely behind them. We can all speculate including me what will happen but I guess that’s what these boards are for. Otherwise nobody would say naff all until RNSs come out.

I’m looking for the .02 to .03 range to take 50% out. How long that may take is anyone’s guess if at all

All will become a lot clearer when the “plan” is published. High risk high reward !

How high it can go is anyone’s guess. There will be spikes no doubt but EHGOSF will ramp up the selling as the SP gets higher so be quick to take some profit out

Wacca, I expect the prospectus will be out soon because EHGOSF have had the limit of tranches they can do before it’s published. Should find out the “plan” then. RTO seems likely.

Going, EHGOSF are the ones being paid in shares for the money we have got from them. All EHGOSF want is there money back by selling as quickly as they can

Space, don’t panic lol. It’s only because the SP on most platforms like HL only use to 2 decimal places and because it’s below .005 it will show as .00

Here come the 4s

To give you an idea, the current buy price is .0051 and the sell price is .0050 (unless you are buying in broker fee free platforms of course)

Like Passiton said, the buy and sells are both under the quoted mid price of 0.00525 so the algorithm can’t distinguish what’s a buy and what’s a sell

Not really. The last printed trade was a UT trade. In reality the price still fell. The buy isn’t 0.0055, it’s closer to 0.0052 ish

Could this be the bottom at this kind of level. Time will tell.

I think the prospectus will be due out soon because EHGOSF can’t sell any more shares until then. They’ve done four tranches and that’s the limit before it gets published.

Good on you Sprout. Media coverage this evening could/should increase the SP even higher. Let’s hope we can get into the 40s or possible 50s before the 21st or am I being greedy lol

Nothing is guaranteed until it happens.

So did you re-mortgage your house then lol?

Well based on the fact the public consultation ends less than 2 weeks time I would guess a steady rise the closer we get to the 21st Feb. The main thing is we maintain the current SP to create a new bottom.

The next big rise will be if it gets through the final consultation period which based on what we know there is no reason why it won’t.