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I think they will go down the same investment path as Braveheart ( BRH )- who own outright / own part of 5 companies including Paraytec. BRH has a mcap of 16m -with current SP of 42p. Icon is 6m mcap. Its not a bad way to go. Also Artificial Intelligence (AI ) companies, like IQAI, mcap 13m, sp 7.70p. So a portfolio approach, similar to OTT, is the way this going imo.
I don't personally think they will change the ICON brand name.

Rr101, this is no side line investment. If you have stumbled upon ICON, this share was omce 15p...but has been subject to poor management / previous BOD, which have been ousted out. Now there is a new dynamic BOD with backing from OTT whom are heavily invested here. Look up
www.ottproperties.eu and look up Brad Taylor in the team. Its going in a new direction with military drones & Sting industries. A new 'A' team of. directors have been appointed to take the new ICON forward, exciting times here... dyor but this share was 0.0032 a short time ago before new BOD takeover, so welcome aboard the roller coaster to come...

Agreed, im not bothered about daily swings with no daily news, its when everything is in place- and they are ready to announce the main RNS, we will see a major re-rate here. Its just patience required in the interim period. Ive got high hopes for this new look ICONIC LABS.

Great to see for LTH - SYME outshinning all my share lists im following. Well done SYME and Tradeflow..

Looks like a hunt for stop losses to me....usual mm's tactics.

16:35:24 0.018 14,798,520 2,738 UT
UT, -+2,738 , SP held up well.

@jonesrichards, Argo springs to mind. How that went from 2.85p in March 2020 to 33p on 01/01/21......then to 285p by 18/02/21...lets face it, you couldn't make that up. I think the team being assembled here, is a good sign. The fact OTT hold 5.7Bn shares in ICON, is a good sign. I think the military drone company is hot right now, ...is a good sign....We shall see, patience required and holding back temptation to trade it, is the key. 9 months from now......??? where will we be....?

''I dont think you get together a such experienced Bod to just get shafted by eghos''. The difference between the new board of directors and the old BOD -is OTT. Totally different animal backing ICON- a BIG animal at that. They have a completely different relationship with EGHOS., and Brad. Well done to those that bought in low today with a 16% up swing.....

most of my shares in blue today and a small retrace here- I'll take that, rather be in then out for Monday morning. Have a good weekend, beer time :).

Its always temping to take a good profit out early-but all indicators are looking good here for a longer term view. Potential of military contracts in the future. Brad is taking the company forward quickly, everything needed is being put in place. Don't forget OTT have a big investment/ shares in ICON, they will be backing this all the way. Its just a mater of keeping your head. dyor remember but for those of you are not aware look at www.ottproperties.eu [ Brad is here ]

Casper, Fairplay, at least you champion this share. At least you are invested here and have been here in good and bad times. There is not much we could have done other then sold out at 80p the friday before TB cashed out to get into Chamberlin buying in at 7p..(what a deal that's turned for him so far for him ) and bought back in at 40p but that is hindsight This doesn't mean he wont want to plough money back in here when the time suits him. I think Paraytec Ltd will be sold when it suits him and the deal is right. I believe the good time will return here, the product is too advanced now and it will be sold or joint venture into production. Its just a matter of patience. Good to see some blue today.

Get away....amazing then and you've held since then ?

quidity..when did it drop to 0.001 ?....do you mean 0..01

stewartyboy, i know what you are saying but this has backing of OTT. Don't forget they have their man Brad in now and hold
5,735,555,554 shares here. 5.7Bn shares, says they will not want this going backwards.
www.ottproperties.eu

4pm [ BST ] RNS anyone ?- They like their 4pm announcements....

L2 4 v 1

DMagee, don't even think its a ramp tbh. The SP was so low, that with new management, funding, backing with OTT, it was only going to go one way.....UP.

no

Nitrovkev, SYME went from 0.051 on 04/08/2020 to 0.802 on 18/08/2020. That almost x 16 in the space 14 days. Anything is possible here. The SP/MCAP is ridiculously low for a main market company

In process of relaunch. Goingtothemoon, everything you have said today -sounds like a co-ordinated attempt to deramp the share..., id go and see if you can sort out Rambler , if i was you....