ICQ icar asia limited
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Wow, no comments whatsoever? Well by my calcs, if expenses stay...

  1. musky45
    2,122 Posts.
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    13/10/17
    19:19
    Post #: 27895677
    Wow, no comments whatsoever?

    Well by my calcs, if expenses stay similar, ICQ needs to grow at >15% Q.O.Q (>75% per anum) in order to avoid raising more capital. Even then, the cash balance dips far too low to be signed off by auditors as being a going concern. At 17% Q.O.Q (87% p.a), ICQ may scrape through without another cash injection.
    ICQ Price at posting: 23.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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