Why did ICN jump from 20cents to 30+cents in weeks before all this. The fundamentals for this company must have driven the resurgence surely.
So why would this announced MOU be anything but a positive?
Add the chance of a T/O as suggested and it seems to make sense.
The near 40cent price is a definite support level if needed, but I too have bought back in for a top-up.
Further, I have seen no big ugly questions nor poor answers surface during or after the Press Conference. There should be some good reading over the week-end.
Friday arvo trading is maybe a factor, but I would not be surprised to see a large buying spell in the last 30 minutes, all things considered.
I'm happy.
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