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So ICONIC intended to be establish a strategic advisory service did they?? Bull 5hit! Unless I’m mistaken that has never been communicated to the market previously. What was communicated to the market nearly a year ago was the possibility of an RTO. 12 months on ICONIC are only now shifting their focus to an RTO. Sounds like complete bull 5hit to me. 12 months nearly since reinstatement and nothing has been created.
The only thing that will stop the share price going straight back down after positive news is revenue revenue revenue. Until that happens then unfortunately the market will not back SYME and the haters (for whatever reason) will continue to do what they do.
I wouldn’t trust the BOD. Even if they manage to pull something off the fact they have communicated sweet FA regarding progression of taking this company forward speaks volumes. If the latest set of results are not published tomorrow there could be another temporary suspension.
40% premium is a hefty one to pay but I get your point. Until we hear anything different from VELA we will have to assume they haven’t sold any so all we have to concentrate on is the CDT price.
Granted it’s what they do with the money is the next step.
Does anyone think the late trades just over $7 for CDT on Friday were a bit baffling? Why would they not have been bought a lot lower given the fact it dropped to $5? Doesn’t make any sense. More to it I guess.
I use this one but you have to keep refreshing for data to update.
https://www.nasdaq.com/market-activity/stocks/cdt
Does anyone use any other site