Quite an extreme price reaction given shares not allotted until early next week. Must be clever dicks selling early, and then causing stop losses to be hit.
Wouldn't be surprised if some got there share early, given the $3million was in Icon's account more than a week ago.
Either way, I bought some more at 22 cents. To be honest didn't expect to get it hit.
Ann: Placement Completion Announcement , page-29
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