ICG 20.0% 0.6¢ inca minerals limited

Ann: Inca Establishes Technical Advisory Panel, page-43

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,790 Posts.
    lightbulb Created with Sketch. 43
    Kiwi, As you will be finding out this ugly game is a dam hard way to make a quid for the shareholders and the company. As most juniors only income is derived by rattling the tin mug or formally known as cap raiseing it highlights the importance of using the loot wisely.
    Imo this has as good a chance of being a 10 bagger as any other junior on the asx but this will only happen with good drilling results. From my experience over 30-40yrs of trading companies that don't make the discoveries keep rattling the mug until they become that diluted that even with a discovery it makes it difficult to multi bag because of the huge volume of shares. The next process is usually consolidation which mostly from experience reduces the shares on issue but eventually returns the sp back to where it was in the first place.But if this is done in conjunction with good results the opposite can happen. As far as 2c before Christmas, good drilling results and 2c will become a distant memory as long a they don't run out of money first. Managing the money is a skill just as important as the geology.
 
watchlist Created with Sketch. 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¢ $6.901K 1.234M

Buyers (Bids)

No. Vol. Price($)
5 2371494 0.5¢
 

Sellers (Offers)

Price($) Vol. No.
0.6¢ 2230843 6
View Market Depth
Last trade - 14.40pm 08/11/2024 (20 minute delay) ?
ICG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.