No, I do not think Justin took his full entitlement. Yes Ross only took 75%, in Ross’s case 75% cost $12,500, Justin’s was approx $1300. Ross probably has the same financial issues regarding where to get the funds from as the rest of us. Justin is either; 1/- a tight arse, 2/- is either expecting a bigger reward later, 3/- Thinks this is just a job 4/- knows nothing is going to happen with ICG, or as someone else has said at last CR, “just a lifestyle director”, 5/- is that broke that he cannot afford the extra hundred to take his full entitlement.
I do not expect either of them to take additional shares, I have not, they have supported the CR. UNLIKE A LOT OF OTHERS WHO HAVE BOUGHT ON MARKET AT .004. These are the people that will be whinging that there is no life in the company or the share price. “Oh, there was only a 52% take up, this company is cr@%”. It will be a self fulfilling prophesy to them due to their lack of support. I took up my full entitlement of 925,001 shares.
ICG Price at posting:
0.5¢ Sentiment: Hold Disclosure: Held
