ICQ icar asia limited
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It means they are purchasing them off market. Total equities get...

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    15/11/16
    14:04
    Post #: 20629430
    It means they are purchasing them off market. Total equities get added to FPO fully paid ordinary shares on issue and their money goes into the business as it would if they did a capital raising from normal investors. End result is they have a heap more working capital to endeavour to grow the business.

    IMO DYOR
    ICQ Price at posting: 23.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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