Why would ICON have come back if they didn’t strongly believe it had a clear future? Of course in the short term it will get diluted to hell but we all knew that.
It all depends how low ICON are prepared to let the price drop while EHGOSF continue to sell.
Do ICON release some positive news (if there is any) to prop up the SP only for EHGOSF to bring it back down again. Or do ICON hold off as long as they can so when positive news does land there is more of a chance the SP doesn’t just come crashing back down again.
Nobby, it’s a valid point but you have repeated the same issue time and time again. We get your point. Let’s park it and move on. We will find out eventually if you are right or wrong. Good lad!
RE: How much lower is this going to go...3 Feb 2023 15:08
The problem we have got currently are the buys are starting to dry up. Are people now thinking this is cheap because it’s crap and will continue to go down or is it cheap and worth buying pending some real positive news
RE: How much lower is this going to go...3 Feb 2023 14:22
Without any news of the plan for ICON going forward we will be at the mercy of EHGOSF selling unfortunately along with all the other bits they have to pay for via issuing shares.
It’s a volatile market with ICON currently so it will be hit and miss. I couldn’t buy for short time the other day. Just tried now on HL and I can sell 50M
By just looking at the trades blue/red you can’t always tell which are which unfortunately. The prices were all over the place at one point. The buy price was lower than the sell for a short time.