ICG 0.00% 0.5¢ inca minerals limited

Mule. "consolidation at these prices = suicide." No more so than...

  1. 8,322 Posts.
    lightbulb Created with Sketch. 1030
    Mule.

    "consolidation at these prices = suicide."

    No more so than when they have to raise cash again in the not too distant future.

    What will they offer for an incentive? They cannot offer 50% off, now can they?
    I am sure they would if they could because that is the easy way.
    They could not do a raising and consolidation at the same time as that would surely cruel the CR.

    Another CR is inevitable so better to get the consolidation out of the way now.

    The sp won't go up any time soon as the traders will just knock it out of the park every time it looks like gaining some ground. Remember .003 c is a fifty percent gain on the buy-in price from the CR.
    What trader will pass that up?

    Lockitt
 
watchlist Created with Sketch. Add ICG (ASX) to my watchlist
(20min delay)
Last
0.5¢
Change
0.000(0.00%)
Mkt cap ! $4.066M
Open High Low Value Volume
0.5¢ 0.5¢ 0.5¢ $1.5K 300K

Buyers (Bids)

No. Vol. Price($)
3 3759413 0.5¢
 

Sellers (Offers)

Price($) Vol. No.
0.6¢ 1205690 5
View Market Depth
Last trade - 10.04am 18/10/2024 (20 minute delay) ?
ICG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.