I agree. In the future ICP must stop issuing new shares at this very low share price. I would have thought at this stage of this company’s journey and income stream that debt is better than diluting shareholders at 5 Cents. If 2009-2010 forecast NPAT is correct and ICP continues to issue shares at this level, I would be concerned. If they continue to dilute then I’m out as this share price will never get past 10 cents and we are all better waiting for a few years while this company grows and the share price goes nowhere by dilution. I would also like to see the company do a buy back if they have a profitable year as forecasted. Stop spending and take note of the business at hand for a year. This will give the professionals a reason to buy. Buy Back, Share Split and more insto’s on the top 20. What insto’s will buy ICP at $40 Million market cap. Give the Instos a reason to buy.
STL Price at posting:
53.0¢ Sentiment: Hold Disclosure: Held