ICI 4.17% 2.5¢ icandy interactive limited

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  1. 4,912 Posts.
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    So is everyone expecting a better quarterly result then the $5.5 million dollar loss on last quarter, they even calculated the number of quarters funding left wrong, it is less then 2 quarters which requires a please explain from asx, either way management has been treating shareholders like mushrooms for 3+ years now, releasing little, updating nothing and creating a share price meltdown, 2.8 million sold off today not a lot but the biggest volume for a while, resulting in a 9% drop on a green day on the asx, 3.9c is 52 week low, if they have cash burn like last quarter and don't release any games as expected then a CR will also be required, and it will be done sub 3c if the current trajectory is kept. ICI shareholders deserve some sort of return on investment from this company, this rubbish that SP doesn't matter at the moment is just a deflection, of course it does, if your raising at 52 week lows you are diluting the hell out of everyone, anyway I look forward to seeing the imminent releases of these games in 2025.
 
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