ICG 20.0% 0.6¢ inca minerals limited

Kiwiboy. Thanks for your gracious reply. I see, unless we come...

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  1. 5,536 Posts.
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    Kiwiboy.

    Thanks for your gracious reply.

    I see, unless we come up with some great drill results, and soon, that ICG will continue to weaken sp wise.

    Once a company has no money, and has lost the support of it's shareholders, it is at the mercy of every opportunist out there. That is the nature of the beast called "the market".

    They could try a CR with a big sweetener, like free options, then at least shareholders will feel they are getting something of value from the deal other than more dilution and a knockdown of the sp. They have never done this before and only relied upon giving big discounts to the current sp at the time.

    If management have the s@#ts, as indicated by Grubarura, and I reckon he has been told that, then we can look forward to much more dilution.

    I know they have a deal in place, as announced before, regarding finance, but that seemed to be on very favourable terms for Inca which I would wonder if that would continue under it's present terms.

    Lockitt
 
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