Australia's largest stock trading and investment forum Australia's #1 stock forum

ICG

Click for more information

20.0%

0.6¢ inca minerals limited

Guys, The geological prospects are still exciting. Spend our...

First 120 Last

Share
Profile

Follow
zubric

1,790 Posts.

43

20/02/18

11:57

Post #: 31184860
Share

Originally posted by lockitt ↑

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

Expand

Guys, The geological prospects are still exciting. Spend our money wisely enhancing the prospect. The sp will then look after itself as per the drilling results. Financiers will all be our mates. Future cap raising will then be at a premium

ICG Price at posting: 0.6¢ Sentiment: None Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

Trump Victory Sends Bitcoin Surging Above $75K – Is $100K Next?

INA

Imugene kicks off Australian trial for blood cancer treatment

Trump is President Again: What Does This Mean for Crypto?

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

There are more pages in this discussion • 9 more messages in this thread...

First 120 Last

Add ICG (ASX) to my watchlist

(20min delay)
Last 0.6¢		Change 0.001(20.0%)		Mkt cap ! $4.066M

Open	High	Low	Value	Volume
0.6¢	0.6¢	0.6¢	$5.906K	1.067M

Buyers (Bids)

No.	Vol.	Price($)
4	1871494	0.5¢

Sellers (Offers)

Price($)	Vol.	No.
0.6¢	2388065	6

View Market Depth

No.	Vol.	Price($)
2	1670552	0.005
10	10230544	0.004
9	3776780	0.003
3	3199980	0.002
3	4799950	0.001

Price($)	Vol.	No.
0.006	1541940	4
0.007	1198850	3
0.008	2450320	5
0.009	1033282	3
0.010	1000000	2

Last trade - 13.53pm 08/11/2024 (20 minute delay)

ICG (ASX) Chart