Casmack is right, unfortunately. The ship is a notorious leaker. But, sellers have dominated lately with the SP down to .18 and a 500,000 sale yesterday at .185. That was right out of the blue. So, you might be right as "they" have done it before when it suits them and "they" can't stand RJ and might just be making it very uncomfortable for him for the AGM. "They" are like that. Odd sense of humour, at our expense (but "they" can afford it). The "positive" angle on this is that as "some' have bought ICN shares very much cheaper over the years, they might be dumping (still at a huge profit) in the hope that the timid SH will panic and follow and let them buy back in at a cheaper price. That has been done before too, coincidentally before "someone" had to exercise something like 20 million options at around .098!!!
But, seriously, I can only speculate and we can just sit back and see how it unfolds. But, I am still VERY bullish about next couple of anns and will be watching volumes very closely.
- Forums
- ASX - By Stock
- rj speaking at lng outlook australasia 2010
Casmack is right, unfortunately. The ship is a notorious leaker....
Featured News
Add ICN (ASX) to my watchlist
|
|||||
Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.608M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
ICN (ASX) Chart |
Day chart unavailable
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online