ICN 0.00% 0.6¢ icon energy limited

savage sell off but, page-11

  1. 1,229 Posts.
    Occam, The emphasis on the MOU being placed by yourself and others here is what I will refer to as overestimating,

    Facts are historically more MOUs lead to nothing than the ones that make it to contract.

    I have held shares in many companies where MOUs have led to nothing.

    I believe the market in general has this view on ICN based purely on the SP.

    If memory serves my well Woodside has a 20 billion dollar gas supply MOU fail
    a few months ago and Woodside has plenty of LNG gas.

    The market in general rarely gets it wrong and in this occasion I believe the market has got it right.

    The glass is not half anything I trade on fact and experience.

    With one of the Macs resigning I think there is far more to it than we know.

    Time will tell and I hope all goes to plan and everyone makes a scullion out of this, but I have my doubts and time and again I have been correct when it comes to ICN
 
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