In 2011 I purchased my first parcel of shares in ICG. I have since purchased several more times to take my holdings to 8M with an average of 0.09. For me a lot of money out the door. At numerous stages I could have cashed out and,at the very least, recovered my losses. NO ONE OR FACTOR IS TO BLAME FOR NOT DOING THIS BUT ME. The reason I continue to hold is twofold. The money I invested was always going to be over the long term and I felt (and still do) that the eventual ROI would be in my favour. I've never really considered my investment as a "life changer" and would be happy with a 2 bagger to pay off the mortgage. Am I frustrated with the lack of progress since 2011 - Yes. Should I have gotten out earlier -Maybe. Do I feel that a consolidation was necessary - YES. Ultimately I choose to remain invested in ICG as I believe the company has reached the stage where I can see some very positive results. There's now really any of us shareholders can do (short of mass discontent) to stymie the consolidation. To all those long termers,like myself. I hope that the wait equals reward.
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.052M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.5¢ | $2.854K | 570.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 195814 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 3411110 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 195814 | 0.005 |
11 | 2813819 | 0.004 |
5 | 3766780 | 0.003 |
1 | 700000 | 0.002 |
1 | 500000 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 3411110 | 3 |
0.007 | 1280160 | 2 |
0.008 | 1135160 | 4 |
0.009 | 880105 | 3 |
0.010 | 301378 | 2 |
Last trade - 15.09pm 25/07/2024 (20 minute delay) ? |
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ICG (ASX) Chart |