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Suspension will take effect first thing on Monday. You won’t be able to trade shares in ICON.
:-(
I’m out. 6 bag for me which meets my target. Good luck to the rest of you, I think this has plenty of way to go!
The wait is killing me......
That's my point. A suspension avoids a spike driven by a leak which could alter the numbers/discussions around a deal. So freeze the valuation just now via a suspension and get a deal over the line.
Having trundled along for months with extensions to the exclusivity period, it is a big move to now suspend the shares. This share has the potential the spike hard on rumours as we've seen and a big jump alters the takeover numbers at play. They also clearly don't trust info not to leak. You have to think the deal is now close. Hope we're not suspended for long, but I don't think we will be. Its all exciting though.
Is the deal finally done?!
Has anyone heard how The Share Centre are managing the arrival of Accustem shares for TILS holders? I haven't had any communication. Thanks all
Well I’ve just sold. Don’t have the stomach for this anymore, it’s a one way disaster just now. Really hope you brave holders are proven correct, good luck to you all. I’m piling what I had left in HUR into CZN, on a moonshot hope of making it all back!
With the constant and very predictable issues of equity this is a trader's dream. Buy at 0.01. Sell at 0.02. Wait a week and repeat.
Given there were three buys accounting for about 5% of the company yesterday there may be a major holdings RNS today which will be interesting
There’s a buy out deal imminent, with news likely before 12 Sept. Today’s rise might be driven by news leaking that the deal is done. Either way, there is a transformational opportunity for the company in developing a metals trading exchange.
I missed them Surginater! By any standards those are major buys for a company of this size. My best guess is the SSSIG deal is finally over the line and/or a partner has been identified to help drive the metals exchange forward. The latter would have an eye-watering effect on the SP. I would expect the former should take us to 5p anyway. This isn’t a stock with a habit of spikes or pumps and dumps. Plus, it’s under the radar of many on these LSE boards and more generally. So my instinct is that there is something real behind today’s doubling of the SP.
On more important matters, I own 0.1% from my small investment. Might push for a Board seat :-)
On a serious note, this is looking really exciting now!
There was a £10K buy this morning just after 10am. With the tiny MCap of £1M that was 1% of the company.
Live prices at investing.com
Back up to 1.85p. Quite a day and so much further to go.
On the way back up. 1.77p
No speeding ticket RNS so far, which is a crucial indicator that something has landed
1.90p now, 150% up, must be the deal. Ya beauty!