Member Info for Silversoldier

wolves - completely agree with your comments re the market cap, it does frustrate me when i see people refer only to share price, that is probably the least most important point.
It's difficult to value ICON at the moment until we have more detail, but if you look at a comparably sized media company, say 7DIG, they are currently trading at a 40m market cap and comfortably got a placing at around that level despite not making a profit in the last 6 months.
Icon on the other hand will hopefully be in a better position given they are hoping to be operationally profitable over the next few months, only time will tell

they look to be sells based on the trades going through

2 x 71m trades just gone through

i still keep going back to one of the financing rns, given that they are expecting to be operationally profitable in the next 3 months i cannot see it having a market cap of 3-4m for much longer

a nice 89m buy just gone through just under ask

there is no point in even trying to guess, all depends on the size of debt (which still isn't confirmed), how many parties involved etc etc

so the book just flipped, PEEL has been driving the ask down for the past week, they are now pushing the bid, could this be the start of the move back up?

prior to the news release that an agreement had be found between the 2 parties, i remember the price dipped in the morning to 0.36-0.37 and we then saw a couple of large trades around the 60m mark and then funnily enough that day we saw the news release at 2:30

nice 4m trade just gone through at over ask

smashing the bid in size at the moment, 40m and 25m dumps just gone through, certainly is smelling like EHGO

indeed
unfortunately that doesn't interest me at that market cap, is too high for me to be interested at those levels

I'm starting to think that EHGO have been offloading in smaller size, seeing a few trades going below bid on a few occasions, all in my opinion obviously

I think when PEEL finally achieve whatever they are trying to do i think we will see a strong move back up, when that happens is anyone's guess

Peel Hunt has been walking this down all day, all other MMs sat on the ask at 0.017

market makers in full control here, 2 days in a row we have been trading below our vwap, i'm just not seeing enough selling at these levels to justify the drop. Fully expect when they have enough on their books the rise will continue

i think the first issue is that trading212 is a CFD provider, you're not actually by the shares, only exposure to them, this allows greater leverage i.e. less equity tied up in buying them

Wolves - i am all for a fair discussion but please do not turn your posts into "i told you so", no one likes a smart arse......
if you are that gifted re predictions i suggest you play the weekly lottery

what i do find interesting - the position we are in is no different to when we hit 0.03 around a month ago, the additional positive point is that before EHGO agree to no more funding whilst the agreement has now been terminated. The overall debt issue remains the same as before (although not previously utilised)

interestingly, from a timing perspective, today was the proposed day for the shares to hit the market following the warrants being exercised

well someone just dumped 160m in one go at 0.014.....

i find it very interesting that at each auction we are uncrossing at 0.016, looking at the trade flow i think the price is being supressed for the MMs to accumulate more on their book, with no dumping by EHGO the only liquidity is PIs