Ann: BONANZA ASSAY RESULTS AT MACAULEY CREEK, page-86

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grubarura

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24/02/23

13:08

Post #: 66445922
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Originally posted by Mattminton79: ↑

Jeebus do I really have to spoon feed people when it comes to how the equities ecosystem works??

I really don’t care, I could give you a half a dozen tickers off the top of my head with varying degrees of “capital raise pumping” over the last several weeks..

They all have different business needs, business models, approaches, management styles, market caps, shares outstanding, share prices, etc etc..

I’m trying to understand the relevance? Do you want to win the internet today or something?

Regardless I’m pretty sure for the umpteenth time, capital is required moving forward.. How this occurs is any number of vehicles, when is a stab in the dark, the company already stated in the previous quarterly (loosely) they don’t see an urgent need for capital this quarter..

But if they do so be it as it will likely be for exploration activities stemming from this announcement..

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It works this way :

1. company needs cash but SP low

2.company refrains from CR

3. Good event arrives and SP responds in positive direction

4. Some companies take advantage of elevated SP and raise capital (currently OAU) I am part of

5. Punters call Pump and dump by the company

So yes Inca may or may not raise some capital soon but also may find other sources of funds like selling something or getting a JV partner

ICG Price at posting: 2.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.8¢		Change 0.000(0.00%)		Mkt cap ! $12.61M

Open	High	Low	Value	Volume
0.8¢	0.8¢	0.8¢	$2.08K	260.0K

Buyers (Bids)

No.	Vol.	Price($)
2	280637	0.8¢

Sellers (Offers)

Price($)	Vol.	No.
0.9¢	4311524	3

View Market Depth

No.	Vol.	Price($)
2	280637	0.008
12	4569047	0.007
13	5522455	0.006
12	4109603	0.005
7	3417588	0.004

Price($)	Vol.	No.
0.009	4311524	3
0.010	3114283	8
0.011	1145666	5
0.014	1033333	2
0.015	2043906	6

Last trade - 10.19am 26/06/2025 (20 minute delay)

ICG (ASX) Chart

Ann: BONANZA ASSAY RESULTS AT MACAULEY CREEK, page-86

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Ann: BONANZA ASSAY RESULTS AT MACAULEY CREEK, page-86

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