Hi digital.
Yes agree recent placement a bit of a drag but in my view current ICN holders are the loyal lot left after years of inactivity. There would be very few short term holders amongst them (comparable to other stocks).
If ICN can get financing of their US activities over the line in the run up to the Cooper drilling could give the share price a real shot in the arm.
ICN's low market cap at this stage an advantage for current holders and gives some easy upside. Yesterdays action very promising but early days yet in a tough market, could get blown backwards real easy.
acturtle
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