ICN 0.00% 0.6¢ icon energy limited

Geoffrey-1, page-24

  1. 21,691 Posts.
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    Omicron. Firstly, I'm not concerned at all re Icon, I'm buying.
    What is happening now is overall "market" related, but my "outlook" and "sentiment" for Icon is "confident LT", so, I see these prices as being irresistible. Wish I had more cash.

    My "concern" was that you posted a 5 cent SP if Chevron didn't sign for Stage 2, but, still haven't indicated whether you reckon that that possibility has been factored into the current SP and what effect you think it will have on the SP if Chevron does sign.
    I just thought that at a time when our SP was in free fall, coming out with a number like 5 cents was like pouring fuel on the fire.
    My immediate "interest" is if we are able to identify that seller from next week's Top 20 update.

    This is interesting reading as an alternative view on the supply/demand argument re the oil price. There is always "an alternative view" when it comes to markets.

    http://seekingalpha.com/article/282...also-temporary-from-a-demand-standpoint?ifp=0
 
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