III 0.00% 10.0¢ icon resources ltd

bromby mentions icon as ahead of the pack, page-3

  1. 1,559 Posts.
    Yes, today's trading was disappointing. But there has been buying interest. Not much, but some. Unfortunately it was met with shares for sale. I assume the seller is one of those who received shares at 7.5 cents recently. Who wants to blame them for taking a nice quick profit off the table? Maybe they did not fully understand what should be ahead of us or they became nervous by the latest developments in the financial markets. Robin Bromby gave an impressive example as to how wrong the market can be judging a company's business and outlook. Once Icon or Carbine Tungsten sells product and the money flow sets in, the share price should act accordingly. At the very latest once everybody can see the profits in a quarterly report, the company's shares should be priced more reasonably. So I would expect the share price to post nice gains during the June quarter of 2012 when the March 11 report comes out. At the VERY latest that is.
 
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