this share is cooked

What are they doing, they just cant sit on these wells doing nothing until the cash runs out. The oil price has increased sharply this year yet ICN is sitting around their all time lows. Theyve sold the building next they will be looking to ofload their wells just in time for Rays retirement package.

This share is done for and you should move on with your life.

You need more than 10 bags just to break even, this is very unlikely to happen.

Despite the so call big pay cut at last agm, the directors are atill paid at well above average pay packet for minnow exploration company. This is the biggest expense for this company. And worse of all they are still hanging to old news to the turn of party like it’s 1999 by prince.