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Ann: ICI Raises A$10.5m in Oversubscribed Placement, page-19

  1. Bhan
    4,850 Posts.
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    09/12/20
    10:08
    Post #: 49443869
    I love the confidence here but after a very large sell off then a TH and shares to investors at 14c with a cheeky option, sorry but they could have easily raised at 16c plus, minus the option with existing shareholders, I recon the people that have been selling were the ones in the know, and 22c for option by 2022, wow how confident.
    ICI Price at posting: 16.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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