ICN 0.00% 0.6¢ icon energy limited

icon energy company overview, page-8

  1. 1 Posts.
    "ICN's total market depth is 3.8m on the buy side with 12.1m on the sell side with a pre open of 36c."

    Wa? That depth would usualy be regarded as very bearish. To get to equal buy / sell depth will we need to touch 20c? 12c?

    " As it moves back to equal buy/ sell depth, the price could be expected to be around the 60c levels "
    Sounds as though there is some rule that the depth will move back to equal buy/ sell depth. Please enlighten us?

    "the serious moves will begin"
    Oh, serious analysis.
 
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