ICN 0.00% 0.6¢ icon energy limited

positive signs, page-27

  1. 8,708 Posts.
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    I topped up a few weeks back on mainly for the BPT-linked play.

    Looks like it might pay off.

    There is consolidation in nascent going on. INP and DLS. BPT taking over ITC.

    People mention takeovers, but there is also a M&A route to riches as well. You'd think BPT would have to move soon on Icon if they were going to do a takeover given cash levels. Surprised BPT didn't resolve buy-in price into 855 with Icon prior to reaching final depth. If they get good flow rates from Encounter, Icon's share-price will become an (upward) moving target for them.

 
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