Sold at 12.5 , now queue to buy back at 11.0. The warrant is overpriced.

I'm out . Icon at 12.5 & W at 6 cts is good enough for me. Time to look at other counters or rather other right issues.

Just stick to the fundamentals. The share consolidation & rights issue was good for the counter. Post rights it should trade at 12 cts with potential upside. If the price dropped to 10cts , what it means was Icon share price was Zero before the rights, at 12 cts means Icon share price was 4cts before the rights. If 17cts just do the maths and so on. What the speculators are trying to do moving the price up & down is not important. If the price goes below 10 cts then it is a Buy signal for me. I just went in for the rights and my target is to exit with a 20% profit within 12 months. Simple old school investing.