Definitely assumed they would make an announcement and we get nothing. Not a good start, left guessing now as to if they are going to say anything. Vox isn't showing the new ticker either.
If there is ever a time to announce something positive about ICON, today is the day, regardless of the ticker or trading, ICON board - give us some news please and show you are worthy of our investment.
"The Board is pleased to announce that the change of Company name to Iconic Labs Plc will become effective tomorrow (16 July 2019). The name change reflects the Company's new focus as a multi-divisional new media and technology business. The new ticker for the Company will be ICON."
Are they serious that they are going to value Roxi at £50 million, surely they got the decimal point in the wrong place. Interesting to read the IPO document, they were meant to be bringing out new devices, been far too quiet for too long. IPO was meant to be years ago too.
Seems like volume is still high today though. In the very least I would have expected an RNS giving a reason for the delay, whether it is LSE's problem or not, just do shareholders the courtesy of telling us why it has not occurred.
Having looked at the Shorts from Merian it appears since the start of July they closed shorts on other companies, looks to be about 10 to me, maybe EVRH is next.
still lots of round trade sells going through, not clear on who is still dumping, when are we going to get to see the shareholding breakdown, current website WDC broken, new Iconic website doesn't show?
I hope we see something more, no date for official launch of new company, no update on legacy, shareholder declarations etc etc. Time for a proper update, not this woolley statement.