Just like most of you ICP supporters who believe good times will soon begin to roll, i cannot buy any more of these shares. I have on many occasions topped up at 088-090 Watching this stock over the last dreadful week i have come to the opinion it is being supported at close, to stay above .09
But who is supporting the SP, and Why? It can't be punters because there is no depth whatsoever on the buy side. In fact i have been fearful of a one mill buy at say .07 appearing on the buy and getting taken out!!
I think those in the know are holding it here whilst they finalize an announcement. It's not costing much either the volumes are minuscule.
Remember they have just three months from end November to deal 150mill shares. (subject to ASX Waivers which i actually queried ASX what those waivers could be, without any clear examples being offered in the reply) They would not want to sell them at 090 less 20%.
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