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4.35%

2.4¢ icandy interactive limited

Ann: On Market Share Buy-Back, page-127

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Bhan

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30/09/21

08:31

Post #: 56452112
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Originally posted by FingerLicking: ↑

yeah, exact quote:

"The Board considers that the Company’s current share price does not accuratelyreflect the underlying value of the Company’s assets and growth prospects, amidst a global gaming market that has experienced enormous expansion during recent times, and the Share Buy-Back represents an opportunity to add value to the remaining shares on issue. ... The Company proposes to instruct its broker, Taylor Collison, to take a position in the market only where the position maximises the benefits of the Share Buy-Back to the Company."

interesting weeks ahead leading into the 4C; & if a positive announcement drops in the interim (like CS hitting $1M) i think SP will be +10 cents again.

also i think management sees fair value of +14 cents, because $0.14 is the 9 December 2020 CR price that raised the $10M~, which is the cash being used in this buyback. (the CR included attaching options with $0.22 strike price; so +22 cents i think will be the next target)

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I honestly think CS revenue has already surpassed $1 million, and I expect an earlier then normal quarterly to show a solid profit, it’s all about timing now.

ICI Price at posting: 8.6¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 2.4¢		Change 0.001(4.35%)		Mkt cap ! $30.72M

Open	High	Low	Value	Volume
2.4¢	2.4¢	2.4¢	$1.272K	53K

Buyers (Bids)

No.	Vol.	Price($)
3	1519334	2.2¢

Sellers (Offers)

Price($)	Vol.	No.
2.3¢	100000	1

View Market Depth

No.	Vol.	Price($)
3	1519334	0.022
7	778582	0.021
6	337100	0.020
1	50000	0.019
5	451055	0.018

Price($)	Vol.	No.
0.023	100000	1
0.024	463542	5
0.025	252228	3
0.027	39960	1
0.028	806000	1

Last trade - 10.04am 04/10/2024 (20 minute delay)

ICI (ASX) Chart