ICN 0.00% 0.6¢ icon energy limited

old hc back, page-8

  1. 21,308 Posts.
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    And very rightly so Leomcca2. You have every right to be p'd off and I encourage everyone to do the same. While Beach treats our management as mushrooms, WE also get the same treatment from Icon management.

    This is a publicly listed company with over 7,000 shareholders and we have been told nothing for 4 weeks on what is clearly our major asset and then we get crap from Beach that stuffs us up, maybe, terminally!!!

    And, yes, great to have the old HC back, BUT, let's hope that they can retrieve the posts from the "new" HC, as there were some very important information that is highly relevant under the present circumstances that we now find ourselves in.

    Icon management has never been under so much pressure to right this severely listing ship!!! These next couple of weeks will show us whether they are managers or just old geologists.

    At these prices, I can have no other sentiment than "Buy", but, its because of the price and what we know, not a reflection of what I presently think of the company's management. "Someone" there clearly took their eye off the ball and allowed that disastrous Beach QR to get through, and had to be woken by some shareholders and ultimately the inevitable avalanche on the ASX that followed.

    Again, at these prices, the whole speculation Pandora's Box will be re-opened with the very future of Icon again at high risk. Does management want that to continue with all the uncertainty that it creates? Do they even care?

    Only management can quell that speculation by giving shareholders and the "market" crystal clear plans on what is happening, not only with Halifax-1, but the obvious "manipulation" that is taking place with our S.P.

    To start with, who are Pershing's clients and what are their intentions?? 8 million SALES in the last 6 weeks MUST have been noted by management!! Or have they missed that too??
    Are they deliberately crashing the SP to manipulate a low T/O offer, or, just sick of the wait and bailing out?

    Any good management would make it their responsibility to find out. They owe it to their Shareholders who have seen their asset smashed, at a time when it "should" be nearer its peak!!
    MOST importantly, how do they plan to fund their 40% share of those 6 proposed wells??
    C'MON Ray C'MON!!!
 
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