ICQ 0.00% 29.5¢ icar asia limited

Ann: ICQ reports highest ever Q3 cash receipts up 39 percent, page-2

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  1. 1,939 Posts.
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    Wow, no comments whatsoever?

    Well by my calcs, if expenses stay similar, ICQ needs to grow at >15% Q.O.Q (>75% per anum) in order to avoid raising more capital. Even then, the cash balance dips far too low to be signed off by auditors as being a going concern. At 17% Q.O.Q (87% p.a), ICQ may scrape through without another cash injection.
 
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