Summary pros and cons for discussion sake, to the point...thoughts welcome!
Pros JM Deal close - early October date to be confirmed Soon to clear legacy debts Generating revenues now Progress being made across the business Last week 0.03, so now buy at 0.0155
Cons BOD deceived market with contradicting RNSs - credibility shot EGHOS legacy entitled to print shares independently Limit of of EGHOS tranches unknown Downside risk if EGHOS continue to sell 0.007p
RE: Proactive coverage - Iconic Labs confirms start of contract with JOE Media19 Sep 2020 15:43
Don’t we all.. but don’t batter yourself not your fault if they have mislead you down a garden path with an official RNS. Even if they argue they made an error in the Thu RNS and that legally EGHOS still have the right print shares as per they’re Feb agreement...they could have informed the market a lot earlier.
Don’t understand your response there? Look at my posts I’ve been backing Icon after the RNS Of EGHOS out!
The problem now is what to believe. They’ve deceived us simple as. Just compare the RNSs, it’s blatant contradiction which I think everybody can see. I would not be surprised an iota if FCA suspend these based on this...they should be summoned to explain this!