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14.3%

0.8¢ inca minerals limited

Rights Issue sales, page-6

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JandJ

10,088 Posts.

2523

19/02/24

16:14

Post #: 72486763
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Originally posted by allens: ↑

What has happened that made over 2 million rights Issue shares change hands on Friday the 16/02/24. So you have the right to buy if things are said to be ok or the right of refusal by just not completing the deal by the 27/02/24.
All you have done is pay 0.001 a share to reserve the right to buy them, what has made this happen.
I was watching considering selling or trying to sell some of mine but wow then when I noticed that they were moving I wondered why today. I mean every other day they didn't move but for 1 share sale. Then bang some large grabs.

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Could be traders who have identified an arbitage play - eg they may have sold shares and same day buy oppies to cover at nil price difference - then they win by receiving free oppies.
I'm not smart enough for that stuff, anyway it gives me a headache.

BIG Inca News on my front (door) is the opening of a new Tequila and Tapas Bar over the road nearby called 'INCA BAR' - it just has to be an omen.

Yeah, and Tequila too !!

Last edited by JandJ: 19/02/24

ICG Price at posting: 0.6¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.8¢		Change 0.001(14.3%)		Mkt cap ! $6.438M

Open	High	Low	Value	Volume
0.8¢	0.8¢	0.8¢	$200	25K

Buyers (Bids)

No.	Vol.	Price($)
6	2591214	0.7¢

Sellers (Offers)

Price($)	Vol.	No.
0.8¢	2606330	7

View Market Depth

No.	Vol.	Price($)
6	2591214	0.007
3	1440000	0.006
11	6261110	0.005
8	2487620	0.004
5	4766780	0.003

Price($)	Vol.	No.
0.008	2606330	7
0.009	1254000	3
0.010	301378	2
0.011	350000	1
0.013	290000	1

Last trade - 13.09pm 29/05/2024 (20 minute delay)

ICG (ASX) Chart