Agreed. The 15mil spent on chileauto by car sales will also...

Agreed. The 15mil spent on chileauto by car sales will also delays things. Clearly car will want to see the sp of icq drop to make the progressive acquisition and ultimate takeover cheaper. Unfortunately I don't think the icq board/management are in any hurry either as they are getting some pretty hefty salaries in the interim. I predict one more cap raising pre acquisition is 50/50 at best. Thinking of selling and buying back in when the market gets worried about cash reserves. Does anyone have any alternate view with thoughts?

Having said that, with the strength of the car sp, they may consider a cap raising to buy icq and I wouldn't want to miss out on that jump. If I were car I would hold off a bit longer though and hope for one more big icq dip then pounce.