ICG

0.00%

0.5¢ inca minerals limited

Ann: Update - Consolidation/Split - ICG, page-29

First 29 Last

Share
Profile

Follow
lateral5

3,315 Posts.

51

14/08/20

16:31

Post #: 46551342
Share

Originally posted by Paul12: ↑

There's more than one way of looking at this.
If I'm interesting in buying a load of ICG on market when trading at 0.002/0.003 and pay 0.003, then if the market drops to 0.001/0.002 , then if I paid 0.003 and now the market is 0.002 then I'm automatically down 30%. If it was 0.003/0.004 scenario I could be down 25%/50% in the blink of an eye.
If the price was 0.059 / 0.060 it's more likely to trade around those levels. I might feel more confident to purchase at those levels knowing it was going up and down pips that weren't actually 30% or 25% of my total investment for every pip.
It might mean more people would be interested in entering the stock and boosting the price if this wasn't the case.

I think ICG have some great prospects. I also suspect that a consolidation followed by announcements and a CR at some post consolidation price may be the way to unlock that potential.
All IMHO.

Expand

there’s a flip side to that coin Paul - goes up a Pip and you’re up 30%...

problem with consolidation is the one via table drift backwards. Usually happens.

ICG Price at posting: 0.3¢ Sentiment: Hold Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

Making money: How many microcaps should be in an investor's portfolio?

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

What each US election outcome would mean for Australian companies & investors

MIN

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

There are more pages in this discussion • 110 more messages in this thread...

First 29 Last

Add ICG (ASX) to my watchlist

(20min delay)
Last 0.5¢		Change 0.000(0.00%)		Mkt cap ! $4.078M

Open	High	Low	Value	Volume
0.5¢	0.5¢	0.5¢	$539	107.8K

Buyers (Bids)

No.	Vol.	Price($)
4	1640161	0.5¢

Sellers (Offers)

Price($)	Vol.	No.
0.6¢	2085339	5

View Market Depth

No.	Vol.	Price($)
4	1640161	0.005
9	3404194	0.004
13	19206780	0.003
4	4399980	0.002
3	6199950	0.001

Price($)	Vol.	No.
0.006	2085339	5
0.007	1447760	5
0.008	1450000	3
0.009	1033282	3
0.011	350000	1

Last trade - 12.28pm 01/11/2024 (20 minute delay)

ICG (ASX) Chart

Ann: Update - Consolidation/Split - ICG, page-29

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

Making money: How many microcaps should be in an investor's portfolio?

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

What each US election outcome would mean for Australian companies & investors

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Update - Consolidation/Split - ICG, page-29

Top Stories

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

Making money: How many microcaps should be in an investor's portfolio?

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

What each US election outcome would mean for Australian companies & investors

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News