ICQ 0.00% 53.0¢ icar asia limited

potential new investor looking for info, page-6

  1. 9,802 Posts.
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    Welcome. And agree - cautious optimism is something everyone needs at the moment.

    Base building looks good, strategic shareholder bought large at $1 so thats a psychological defence, and the most recent business stats look very encouraging.

    But if push comes to shove it doesnt have a PE to defend its share price.

    Although - weirdly enough - in this current shorting season - its better not to have a PE at all than to have a tiny profit/big PE like IPP.

    Stupidity personified - but thats what you get when the world is filtered through computer routines.
 
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