ICQ 0.00% 53.0¢ icar asia limited

Over Valued?

  1. 619 Posts.
    Share price seems a little too hot at the moment.

    Based on earnings and performance released 24th July how could the market cap be where it is.

    - Marketcap 297Million.
    - 14 million in bank
    - Receipts six months 1.157 Million

    Understand high risk vs. high reward, but at the moment performance tells me that a correction is going to come sooner or later.
 
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