Iconic Labs Share Discussion Threads

[orkneyarab] 04/3/2020 09:09

It can, though

[ihavenoclue] 04/3/2020 09:04

Now we can see why the fund dumped at any price.Going to be a debt for equity and existing holders will be all but wiped out.It is why no director put a penny into this and why they kept David Sefton around.

[ihavenoclue] 04/3/2020 09:00

Can't drop much further

[orkneyarab] 03/3/2020 18:14

The only people making any money here are the fund and employees of the company. I wish they would spend some money on employing someone at investor relations, but I suppose it would be on minimum wage and not a very enjoyable position.

[pwhite73] 03/3/2020 18:00

Yes 0.36p do you see how ruthless EHGOS are and they have to be they are owed £2.38m with no chance of being paid back through profit. I suspect something else might be going on. I think EHGOS were also taken in by promises of big contracts to come through social media and advertising. If they consider they haven't been told the whole truth they may go after the company and hold the directors personally liable.I was stunned to learn the vote had taken place without the FCA even authorising the prospectus. BE CAREFUL.

[orkneyarab] 03/3/2020 17:25

Last trade at 0.036, so much more pain to come. The rot won't stop until they pull something really big out of the bag. The BOD buying shares won't cut it for me now.

[datait] 03/3/2020 16:45

In other words they are saying they have enough to pay their huge wages.

[sep800] 03/3/2020 16:34

To the BOD's
The only real positive action that can be taken now is for you to buy shares NOW !

I know you read the bb's so if you really have a belief in your own company then prove it to us holders by buying shares that will in turn help us get out of this endless attack on the share price
Shares holders have supported you from day one so give something back.
The relentless attack on the share price is lies on your shoulders.

Not giving any hint on revenues that are being received on a monthly basis is irresponsible and we wonder why the share price is drifting downwards.

BOD's ...... You need to acknowledge shares holders concerns and you need to react..
If you are positive about ICON's future then invest in it yourself's ...


Simple

[pwhite73] 03/3/2020 16:16

If you wanted to sue an AIM company for publicising false and misleading information an email confirming a £1 million contract was being worked on when it wasn't is the type of evidence you would need to present to the judge.

[yorgi] 03/3/2020 16:09

In principle I do agree with that Orkney.

[pwhite73] 03/3/2020 16:06

Any correspondence that can be reproduced in a court of law is out of bounds for most AIM companies. Over a glass of sherry they can say whatever they bloody well like.

[orkneyarab] 03/3/2020 15:59

Still doesn't excuse the company for not answering any correspondence, that's not the way to keep shareholders on side. A lot of the problems have been out of their hands, but that's one very small thing that they could have done

[pwhite73] 03/3/2020 15:51

EHGOS bought 150 million to get the vote through so that's an immediate 150 million to dump before the real dumping even starts.

[yorgi] 03/3/2020 15:02

We will have to wait and see what the BOD deliver over the coming weeks and months OrkneyArab......but a significant turnaround in the share price is unlikely to be something that is going to happen quickly.

But I hope I'm wrong and it is sooner rather than later 😊

[pwhite73] 03/3/2020 14:59

Spot on. Firstly the company has advised they're targeting revenues of £150k for H2 so that's hardly a sign of 'meet on the bones' news coming. Secondly directors buying shares in companies like ICON is not a sign of confidence it's a trick to entice mug PIs. The directors recover their outlay in wages and warrants.

[yorgi] 03/3/2020 14:56

It is down to JQ, LH and Sam to prove themselves and deliver those building blocks that produce the progress and increased revenues. I'm sure they can and I believe they will but until then we may well be at these lows for some time to come OrkneyArab.

Possibly lower......but if the right news is produced !

[orkneyarab] 03/3/2020 14:51

Until material news, with some figures, it's just going to be - eat, sleep, rinse, repeat. It'll be a toss up between being nothing left, or diluted into oblivion

[yorgi] 03/3/2020 14:47

Directors buying in substantial quantity would also be a big vote of confidence from the BOD.

[yorgi] 03/3/2020 14:45

What is clear news with "meat on the bone" of progress is going to be required in all probability to move the share price up from these lows.

[yorgi] 03/3/2020 14:44

At least the BOD have sorted it with them it appears that they do keep the market updated on their holding/disposal.

[katsy] 03/3/2020 14:14

The TR1s are déjà vu from last summer. Rinse and repeat. Yorgi and Livup need another tactic now to sucker more people into this. Fill us boots. Lol

[a_2_b] 03/3/2020 13:59

Wouldn't be surprised if we get another as well