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0.5¢ inca minerals limited

Ann: Consolidation/Split - ICG, page-232

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grubarura

11,498 Posts.

584

03/08/20

07:39

Post #: 46253743
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Originally posted by Mattminton79: ↑

Yeah that was an interesting consolidation.. they only had 1.2b shares outstanding plus options.. which is sweet fa for microcap explorers..

Not sure what the catalyst was for. 60-1 consolidation, I didn’t read every announcement in detail but they ended up with only 20 odd million on the register and that’s pretty much why they jumped from post consolidation of roughly 12c to 19c in a short timeframe.. not too many shares to play with on the open market if you were to factor in top 20, directors etc.. (not that I read the holder information just my experience)..

Looking at their chart, it was a good move for whatever reason the company had, an uptrend pattern formed pretty much straight away post consolidation..

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Looking at their chart, it was a good move for whatever reason the company had, an uptrend pattern formed pretty much straight away post consolidation..

Does your tool indicate if the buying pressure comes from existing pool of investors or the pools of investors has expanded ?

ICG Price at posting: 0.1¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.5¢		Change 0.000(0.00%)		Mkt cap ! $4.066M

Open	High	Low	Value	Volume
0.5¢	0.5¢	0.5¢	$26	5.125K

Buyers (Bids)

No.	Vol.	Price($)
3	1849629	0.5¢

Sellers (Offers)

Price($)	Vol.	No.
0.6¢	1277593	6

View Market Depth

No.	Vol.	Price($)
3	1849629	0.005
7	6929194	0.004
13	18176780	0.003
4	4399980	0.002
4	7199950	0.001

Price($)	Vol.	No.
0.006	1277593	6
0.007	924600	3
0.008	1201540	5
0.009	1033282	3
0.010	1000000	1

Last trade - 13.16pm 08/10/2024 (20 minute delay)

ICG (ASX) Chart