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ICON Iconic Labs Plc

5.00
0.00 (0.00%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Iconic Labs Plc LSE:ICON London Ordinary Share GB00BRBJ3P08 ORD GBP0.0001
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 5.00 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Health & Allied Services,nec 4.77M 0.5697 0.09 418.58k
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 5.00 GBX

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Date Time Title Posts
23/4/202407:58Different World MIA784
22/4/202416:18*** ICONIC LABS ***3,470
19/10/202317:29Iconic Labs PLC427
11/4/202312:23New beginning 9,342
21/2/202311:47ICONIC LABS - New media and technology business20,595

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Posted at 24/4/2024 09:20 by Iconic Labs Daily Update
Iconic Labs Plc is listed in the Health & Allied Services,nec sector of the London Stock Exchange with ticker ICON. The last closing price for Iconic Labs was 5p.
Iconic Labs currently has 8,371,600 shares in issue. The market capitalisation of Iconic Labs is £418,580.
Iconic Labs has a price to earnings ratio (PE ratio) of 0.09.
This morning ICON shares opened at -
Posted at 28/2/2024 13:12 by oliversanvil
1 ICON Iconic Labs Plc 3.375 56.98% 1.225
Posted at 15/2/2024 10:58 by bionicdog
Iconic Labs gets AGM approval to issue billions more shares, will it set a new confetti issuing record in 2024?
Iconic (ICON) successfully passed all its AGM resolutions on 13 February and in each case over 90% of votes were cast in favour of the resolutions but under a third of shareholders bothered to vote.
Posted at 04/12/2023 10:01 by pwhite73
If my calculations are correct then without a GM they can issue only another 14 million shares. If the share price does not improve then 14m x 5p = £700,000.

ICON have used only £880,000 of the £3 million facility.

Linton are owed £735,000 as they have converted £15,000 since the issuance of the prospectus on 08/08/2023.

EGHOS are owed £520,000 as they have converted £230,000 since the issuance of the prospectus on 08/08/2023.

Something has to give and soon.
Posted at 30/11/2023 17:16 by pwhite73
If ICON is to re-join the main listing of the stock market after an RTO it will need the services of a Sponsor this is equivalent to an AIM Nomad. Needless to say they will never get one unless £30 million is injected into the new company.

This company is finished and I'm expecting another big bust up between those who agreed on the terms of the CVA. It appears to me that EGHOS conversions driving the share price down means there are not even shares left to satisfy the £3 million facility in full plus the £750k owed to EGHOS and Linton respectively.
Posted at 10/11/2023 13:25 by russell crowe
THE ICONICS

Float, float on
Float on, float on
Float, float, float on
Float on, float on

Float, float on
Float on, float on
Float, float, float on
Float on, float on

Float, float on
Float on, float on
Float, float, float on
Float on, float on

ICON and my name is Ollie
Now I like a share that halves in price
And I like a share that has no future
If it fits that description, baby, I'll buy it

Take my hand
Come with me to bankruptcy
Let me show you how sweet it could be
Sharing love with me, I want you to

Float, float on (come on, come on, come on)
Float on, float on
Float, float, float on
Float on, float on (float on)

ICON and my name is Davey, huh
And I like a share that has nothing going for it
And I hate everybody and everything
And you know what, laddies, if you feel that this is you
Then this is what I want you to do

Ooh, yeah, take my hand
Let me take you to zeroland
Let me show you how sweet it could be
Sharing your hate with Davey, listen
Posted at 08/11/2023 14:54 by pwhite73
HJFe - "Didn't the EGM vote in favour to allow ICON to purchase its own shares and hold them in trust? Perhaps that is being done to try and rescue the share price "

Yes that may well be going on. But its not a signal the shares are worth buying because as soon as their in profit they'll sell again. Its no coincidence sellers have appeared at 6p. Note the 36110 bought at 12:49 for 5.50p then sold at 14:51 for 5.52p.
Posted at 08/11/2023 14:14 by hjfe
Didn't the EGM vote in favour to allow ICON to purchase its own shares and hold them in trust? Perhaps that is being done to try and rescue the share price As you say, the conversion fees at this price are a killer for the company (and shareholders).
Posted at 13/10/2023 15:29 by endeavor2
Liar pwhite read the RNS and stop tellling lies.

RNS Number : 0919Q

Iconic Labs PLC

13 October 2023

13 October 2023

Iconic Labs PLC

("Iconic" or the "Company")

Announcement of the Completion of CVA

Iconic Labs PLC (LSE: ICON) is pleased to announce that the Creditors Voluntary Arrangement ("CVA") has been completed and the relevant documents have been filed at and accepted by Companies House.

Brad Taylor, Chief Executive Officer of Iconic Labs, commented:

"The successful completion of the CVA marks an important step towards Iconic Labs' financial stability. Now that the CVA is discharged, Iconic Labs has removed historic debts and is well positioned to progress with growth opportunities and focus on its strategic goals.

"We look forward to updating shareholders and the market on our further activity in due course."

- Ends -
Posted at 13/10/2023 15:16 by endeavor2
RNS Number : 0919Q

Iconic Labs PLC

13 October 2023

13 October 2023

Iconic Labs PLC

("Iconic" or the "Company")

Announcement of the Completion of CVA

Iconic Labs PLC (LSE: ICON) is pleased to announce that the Creditors Voluntary Arrangement ("CVA") has been completed and the relevant documents have been filed at and accepted by Companies House.

Brad Taylor, Chief Executive Officer of Iconic Labs, commented:

"The successful completion of the CVA marks an important step towards Iconic Labs' financial stability. Now that the CVA is discharged, Iconic Labs has removed historic debts and is well positioned to progress with growth opportunities and focus on its strategic goals.

"We look forward to updating shareholders and the market on our further activity in due course."

- Ends -

So who do you believe a regulated company on the main market of the LSE or the liar pwhite ?
Posted at 11/9/2023 14:16 by pwhite73
Its important not to confuse the conversion price with the price they can dump shares at. The lowest conversion price is 15p. However they can convert at 15p and dump at 10p or any price. So if the price is 10p they could issue a statement along the lines of:-

"The directors have used a conversion price of 15p. This is a premium of 50% to the prevailing share price of 10p. Such a premium shows the confidence the markets and its shareholders have in the company"

The reality is as the shares are totally worthless they would convert at 15P and sell at 1p if sufficient mugs are out there.

If you're going to buy at lower prices make sure you're wearing rubber gloves with a bottle of Dettol near by.
Iconic Labs share price data is direct from the London Stock Exchange

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