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9.52%

2.3¢ icandy interactive limited

Ann: Update - Notification of buy-back - ICI, page-7

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JohnK123

736 Posts.

53

19/08/22

09:47

Post #: 63205567
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Originally posted by FingerLicking: ↑

broker appears to be acting with extreme randomness:
to keep the day traders guessing was my initial thought; but:

less than a month ago the broker bought millions/day & then 5m/day for two consecutive days (25th & 26th July & paid an average of over 10¢ per share); yesterday they bought only a measly 100k @ 0.0807¢ per share, after not having bought any since Friday last week & SP is at the lowest price since SBB started;
never seen a buy-back where the broker has failed so badly & overpaid like this before.

on those numbers & the timings to-date, my conclusion is the broker isn't acting in the best interest of shareholders, or is incompetent;

also the fact that the bought back shares aren't being cancelled T+2 according to the shares on issue reported by the ASX remaining static, is very puzzling?

Expand

Maybe the SBB needed a bit of a breather

They had gone through about 30 million out of 135 million just in the first month.

If they keep that up, they would have gone through the SBB within 6 months and then been left with nothing.

Incidentally, i's a shame the SP has only go up from 7c to 8c despite the company buying back 30 million shares

ICI Price at posting: 8.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 2.3¢		Change 0.002(9.52%)		Mkt cap ! $29.44M

Open	High	Low	Value	Volume
2.3¢	2.3¢	2.1¢	$27.07K	1.229M

Buyers (Bids)

No.	Vol.	Price($)
1	104181	2.2¢

Sellers (Offers)

Price($)	Vol.	No.
2.3¢	273155	1

View Market Depth

No.	Vol.	Price($)
1	104181	0.022
13	1239690	0.021
10	1932400	0.020
1	150000	0.019
1	30000	0.018

Price($)	Vol.	No.
0.023	273155	1
0.024	314634	2
0.026	43423	2
0.027	431996	4
0.030	462617	3

Last trade - 16.10pm 21/10/2024 (20 minute delay)

ICI (ASX) Chart

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