Ann: Appendix 4C - quarterly-ICQ.AX, page-8

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Just_a_guy

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07/11/16

20:03

Post #: 20432090
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Originally posted by stardestr0yer ↑

I know I will get shot down by some holders on thsi forum but I have been following this stock fairly closely for about 2-3 years and had to sell out at around $1 at a small loss. But this quarterly is seriously the last nail in the coffin for me to even consider. They have had far too long to get this company cash flow positive. They are only going to generate about 7mil in revenue yet burn through nearly 12 mil. I struggle to see this stock being worth more than around 15c at this stage. Companies like this need to grow like 20% quarter on quarter and they are barely achieveing that year on year.

I feel very disappointed for all long term shareholders.

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Clearly you haven't been shot down, is that because no one is holding anymore?

Well 15 cents is what I'm aiming for. Either that or clear positive directions whichever comes first. Icq has been living on the coat tails of ipp which has caused it to be crazily priced but I think the correction is getting close to the right area.

ICQ Price at posting: 22.0¢ Sentiment: Hold Disclosure: Held
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Ann: Appendix 4C - quarterly-ICQ.AX, page-8

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