Australia's largest stock trading and investment forum Australia's #1 stock forum

ICI

Click for more information

0.00%

2.0¢ icandy interactive limited

the exciting this is, once people do realise how well this...

First 11 Last

Share
Profile

Follow
Darrenjohn

85 Posts.

11

23/11/22

13:36

Post #: 64941894
Share

Originally posted by ExtraPace: ↑

ICI is one of the most undervalued stock at the moment in ASX, not because it is not doing well in terms of revenue growth or cash positive from last 2 quarters but because of lack of communication. From last quarterly report, the management should have put a presentation and provide what next few quarter and beyond looks like.

We don't want any advertisement in the from of presentation, neither ASX likes it. The management should come out with what is happening with the business and at least guidance, otherwise there is no reason that it SP dropped from $0.076 to current level with cracking last two quarters and of course the revenue growth news of 1600%.

With Australian dollar improving against US dollar, I predict our revenue for current quarter will be around $10M (with annual revenue about $36-38M) and handsome cash reserve but sadly it market capital is still under $85. It is lacking momentum and management should put catalyst

Expand

the exciting this is, once people do realise how well this company is doing it will move quickly. But you are right, there is nothing to stop management being a little proactive and sharing some information.

ICI Price at posting: 6.4¢ Sentiment: Buy Disclosure: Held
3 Upvote

1 Great analysis

Reply

Top Stories

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

TRP

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

MM1

Geochemical work at Newington picks up gold and copper anomalies for Midas

BGL

Bellevue aims for 45% production increase by FY 2028, announces $150M placement

PEC

Perpetual sniffs TREOs beyond 4000ppm at Raptor play in Brazil

There are more pages in this discussion • 41 more messages in this thread...

First 11 Last

Add ICI (ASX) to my watchlist

(20min delay)
Last 2.0¢		Change 0.000(0.00%)		Mkt cap ! $26.89M

Open	High	Low	Value	Volume
2.0¢	2.0¢	2.0¢	$248	12.38K

Buyers (Bids)

No.	Vol.	Price($)
7	1104577	2.0¢

Sellers (Offers)

Price($)	Vol.	No.
2.2¢	173141	2

View Market Depth

No.	Vol.	Price($)
7	1104577	0.020
4	763946	0.019
3	304000	0.018
4	900000	0.017
4	1112500	0.016

Price($)	Vol.	No.
0.022	173141	2
0.023	66153	2
0.025	299999	1
0.027	61209	1
0.028	35642	1

Last trade - 12.18pm 25/07/2024 (20 minute delay)

ICI (ASX) Chart