thanks drywas for the AGM summary.
My understanding is that there WILL be an SPP.
I think that they would not need a trading halt for a SPP itself.
The T/H will be because of a placement, probably related to the J/V they refer to.
I suspect a J/V, with the J/V party taking a placement and s/h then being offered an SPP at the same price.
If ICN are going to go flat-out to develop the non-Stanwell blocks, then they will need plenty of cash - so I think that the SPP will be for a max level maybe up to $10k each s/h.
Am looking forward to Monday's announcement.
cheers
- Forums
- ASX - By Stock
- ICN
- agm
agm, page-11
Featured News
Add ICN (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.608M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
ICN (ASX) Chart |
Day chart unavailable
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Will Souter, CFO
Will Souter
CFO
Previous Video
Next Video
SPONSORED BY The Market Online