ICG has traded near 800 mil shares in the last week or so.
Ms Thomas has sold 14 mil, and people are blaming her for the sell off & SP not continuing past 17c.
Get some perspective people. Its about 2% of total trades.
More likely ICG is your classic cashless junior.
They go off like a fireworks rocket and come down as dead sticks, cos the next thing coming down the line is a CR.
They had 1.2 mil at end Dec, with expenses this quarter of 1 mil, in other words, they are 6 weeks away from only having 200k in the kitty. The CR is already in ink, sophinstos are already being canvassed, THEY'RE ones who have unloaded.
As usual, the smart money has unloaded onto those people chasing the "next SIR", who are now walking headlong into a dilution.
ICG has traded near 800 mil shares in the last week or so.Ms...
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Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.633M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.7¢ | 0.6¢ | $10.25K | 1.466M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1423050 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 357142 | 1 |
View Market Depth
| Last trade - 13.20pm 06/06/2024 (20 minute delay) ? |
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Last
0.7¢ |
Change
0.000 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 0.7¢ | 0.7¢ | 0.6¢ | 252000 | ||
| Last updated 10.47am 06/06/2024 ? | |||||
| ICG (ASX) Chart |