ICG 9.09% 0.5¢ inca minerals limited

Let use the "grey cells" and analyze the situation:If the deal...

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. 5,514 Posts.
    lightbulb Created with Sketch. 60
    Let use the "grey cells" and analyze the situation:

    If the deal has gone sour the takers of the placement are not completely stupid and Inca would have to provide a disclosure, with a going sour disclosure they would get 0.1 of a cent at most

    Then consider Ross may be not a financial genius but would wait a week for a better price

    Considering the above: here is the theory do not read if you hate the conspiracy.

    Today expired the option for S32 to match the deal of the other party and the other party is already the operator in the area

    Ross spend the money to make Cerra more attractive but not stand alone but in conjunction with the Riqueza.

    The other player made offer for both and the cornerstone placement is part of the offer.

    And if the above not true the whoever takes the placement would not do so not knowing the outcome of the negotiation therefore both have to be connected and advised when the halt comes of.

    Now come all whoever and shred the above to pieces.


 
watchlist Created with Sketch. Add ICG (ASX) to my watchlist
(20min delay)
Last
0.5¢
Change
-0.001(9.09%)
Mkt cap ! $4.066M
Open High Low Value Volume
0.6¢ 0.6¢ 0.5¢ $1.643K 327.9K

Buyers (Bids)

No. Vol. Price($)
5 2071494 0.5¢
 

Sellers (Offers)

Price($) Vol. No.
0.6¢ 2455709 6
View Market Depth
Last trade - 16.10pm 06/11/2024 (20 minute delay) ?
ICG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.