The dumping is due to the uncertainty surrounding whether the deal goes through or not...if it does, you're looking at price popping back up to near 50cts, if it doesnt, well......
apollo ang we r in the same boat...they are out basically to deceived the public money...How can BURSA allowed this sickening things happen without taking any legals summoned towards the company..You are tallking about an IPO which have fallen since its debut listing.Im anger and no wounds could healed every single investor out there!
Apollo Ang I saw your posts here and in many counters. No wonder support for our govn less and less by the day. Previously when no Bursa or few counters listed support for BN very strong.
if the merger is off..........the share price may fluctuate between 0.35-0.45 so no big loss. Its umwog that crashed from 0.90 to 0.61 , they may recover some. Icon will hold on its own. Have confidence
- Kindly be advised that in conjunction with UMW Oil & Gas Corporation Berhad ("UMWOG")'s request for suspension, trading in ICON shares will be suspended with effect from 9.00 a.m., Thursday, 4 May 2017, pending an announcement by UMWOG.
It seems to be a single-side decision, I feel a bit worried that the merger may be off.
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limch
3,062 posts
Posted by limch > 2017-04-28 10:55 | Report Abuse
How about merger between Icon and Orkim?