1) The number of shares listed IS relevant in the context of the ongoing dilution through capital raising via regular new issues.
2) Rule (1) . . . the only 'true' valuation of any stock will always be determined by the market . . . not (with all due respect) by you or any other individual, no matter what you or they may wish to read into any figures or crystal ball.
3)On the 14/8/2007, the SP hit a high of 17 cents, and today it's trading at what ?? I suppose it depends on how one defines 'long term'. In two and a half years the SP has only gone south, despite the innumerable announcements that would normally reflect a positive response on the board. I guess that as a trader rather than a long termer, I look for better returns over 2 1/2 years than that which ICP has provided. If you consider tying up your money for another 1, 2, 3 or more years for a reasonable return on your 'long term' investment then that's Ok too. As Mr Connolly says "its your money" I just don't call that 'making a buck'.
As for your deduction that I have some strategy of scaring holders into selling, well I don't have to do that. I have traded the stock some 27 times now, at times when I have considered it opportune. Do you really think that posts in this forum would induce anyone into making a business decision? Thanks for the good luck wish . . . . . but luck seldom has anything to do with 'it'. It's like one believing 'the harder I work, the luckier I get'.
Cheers, and hold on tight to your bundle if it makes you feel good!
STL Price at posting:
48.0¢ Sentiment: None Disclosure: Not Held