Member Info for MickR

0.50p is only a market cap of 22m pounds. Even that is cheap IMO.

Lithium stocks are all the rage nowadays, CLON's time will come.

I 10 bagged PREM from 0.05p to 0.50p and it is now at 0.70's.

CLON could also 10 bag and more from 0.08p easily.

Holding for at least 0.5p here.

NT to buy decent quantity at 0.165p. Silly low market cap here IMO.

My UKOG profits in here.

DYOR

Looks like MM's are running short of shares, consolidating nicely at 0.165p before the next leg up.

Could we see both feet in the 0.20's later today?I think so.

DYOR

I am out. I wonder what price the next cash raise will be at. 3p? What a colossal destruction of value.

DYOR

I am holding just under 200m shares now. The torch paper will be lit with the prospectus IMO.

DYOR

Looking good for a move back up into the 60s and 70s this week. Sell off is overdone IMO.

For £243m turnover and PBT of £9m.
Looks oversold to me.

More clues: https://www.globenewswire.com/en/news-release/2022/09/22/2521103/0/en/Livento-Group-is-taking-the-lead-in-providing-environmental-technology-with-the-Euro-Dot-project.html

Some very good insight by a poster on another BB:
"The company has advised an acquisition is likely to be an RTO. So there could be value in the RTO for ICON shareholders and it also depends on how the wider market views RTO. The prospectus could come with a funding package that gets rid of EGHOS. Indeed that's exactly what DS tried to do when he brought in SHARD. EGHOS didn't like it and threatened legal action."

You've got to be in it to win it .

The prospectus should be about to get published IMO.

Sub 0.060p shares being snapped up quick.

DYOR

I would rather see EGHOS out, the SP back at 0.010p before RTO news as that gives us clear blue skies ahead.

Market not yet woken up to today's news.

DYOR

Looks like big things are coming:

"Brad Taylor, CEO of Iconic Labs, commented:

"I welcome Emmanuel to the Iconic board of directors. He is a highly skilled professional with significant expertise in corporate finance and international dealmaking. This experience, coupled with his vast network, will serve Iconic and its shareholders well as the company develops and implements an acquisition and growth strategy. With Iconic directors now in the United States, United Kingdom, and Europe, we are well-positioned to maximize our potential for value creation."

Looks like she is ready to turn? Massive 139m buy just gone through on level 2.
DYOR

The funding required is 45m, a 25p takeover/taking it private means the buyer would be then responsible for the funding aspect, so for say 150m to 200m, the buyer gets a business that was previously valued over 1-1.5 billion pounds with no FCA overhang.

DYOR

They are already lending under the RewardRate Brand. A biuyout of 25-30p would be a good result IMO.

Yes, I agree. If JB had been in, the FCA would not have let off AMGO without a fine.

He will be watching this and I would not rule out a cheeky bid from him at 20p or more hopefully.

The share was trading at over 300p before Covid.

DYOR

Just topped up at 3.60p.

On funding news, we will not be trading below 10p IMO. Time to get in is now sub 4p. The legacy issues are gone. I wonder if JB will take part in the funding?

DYOR