minglol, it means insiders of icon are not allowed to sell their shares before today, since the IPO. Its normal for share price to drop after IPO lock-up expired..I don't know if more will be sold tmrw but i think the shares are oversold today..hopefully there will be some rebound tmrw...
as i see is margin call :) from 1 or certain cornerstone investors tat allow to sell today ... and suffer big losses la , but is good for those tat caught the falling knife :):) . if is insider selling due to something tat we retailer dont know then huhuhuuu hi lux la ... kikikiii ... good luck la .
So tomorrow will up or down? sigh...xdar, is it oversold? how can we know that? Mean after today, insiders of icon are allowed to sell their shares? So if tomorrow all sell, then habis lor....0.5?
some say margin call but i think its IPO lock-up expire as the expiry date is today...as to whether selling will continue tmrw, i dont know..we shall see tmrw... buy at your own risk
Pursuant to our announcement dated 10 December 2014, we wish to highlight that under the Financial Effects section, that the Contracts valued at RM43.0 million in total are expected to contribute positively to the earnings and net assets of ICON for the financial year ending 31 December 2014 and beyond.
The Contracts are not expected to have any effect on the share capital and shareholding structure of ICON.
I hav warned that crude price will b 45 to 55 for next 2 years, can you guys wake up !, This is a political game one stone kill 2 birds US want Russia kayak bcos of shooting mh17, second thing is US want to make sure no more countries curi curi buy 30% discounted crude from ISIS, now ISIS has to beg for buyer @35 but their production cost is close to 40 as no more spare parts to operate the problem wells. uS already pre warn all friendly countries including msia. Only those stubborn heads like you n china will suffer as china will b facing a serious crisis soon bcos of melt down of Russia ..............avoid completely oil n gas , big shake up is in progress ! I doubt you guys can withstand it
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minglol
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Posted by minglol > 2014-12-22 17:34 | Report Abuse
What is means of IPO expired? Which means whoever buy when IPO must sell today?