It is great to see all the directors have added to there holding...

It is great to see all the directors have added to there holding in the Placement.

It would not surprise me if the board, ABN & Steve Bartrop with his corporate exposure at Macquarie Bank, Bankers Trust, Ord Minnett and JP Morgan could be negotiating with a single identity to take up a large parcel of shares.

I have seen this before the rights issue was not underwritten and in theses difficult times selling say a 10% to say AMP or others could be on the cards. (The Directors are very experienced)

This would definitely give a boost to Icon.

Time will tell.

Just my thoughts please do your own research.