Member Info for ncar16

The last couple were at 0.007 and I don’t think it went below 0.009 IIRC. Maybe someone can clarify ?

That was your view last time too, and you never got your buy in price

The company have stated they do not want to enter into another convertible loan facility !

Same as before

They have also stated in rns they are looking to have new funding in place in autumn 2020.

Hearing at 10:30 according to legal diary on Irish court site

They’re still making a profit what do they care.

You mean 300m today

Have you tried communicating with the company ?

We thought that with the last lot they shouldn’t have had until today. They will be forward selling again surely.

Cash to them, cash to the fund, losses for the shareholders eh? Brilliant.

They kept saying that after the last one and it didn’t drop to the issue price to be fair.

Yup looks like it, wish I had more funds to add prior to the tr1 arriving !

And even that is an IF as the BOD have stated they aim to have new finance in place autumn 2020.

Yes if your Auntie had balls ...

Explain how when the VWAP is 0.012

I would argue they can’t get any more at 0.007 based on 90% VWAP

Credit to Phil over at the other place

Keep an eye on your dummy trades to get the true picture.

I can still sell 1% of the company 120,000,000 on an automatic trade for full bid.
No need to go NT

MMs got greedy on Monday selling stock they didnt have for 0.02+

EHGOS are sitting on their 8% and don't want to sell at these levels.

MMs don't want to let ICON run because they don't want to buy back at a loss. bit of a stalemate which MMs are winning at the moment with the trickle of sells but they will dry up soon and they will have to raise Bid to find more sellers.

The squeeze is still on.

VWAP seems to be 0.012 according to londonstockexchange website.

So 90% of that is 0.0108?

If the VWAP is increasing surely , if there is another issue and no new finance arrangement, the next issue would be less ?