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Intchains Group Ltd V.ICG


Primary Symbol: ICG

Intchains Group Ltd is a provider of integrated solutions consisting of computing application specific integrated circuit (ASIC) chip products for blockchain applications and a corporate holder of cryptocurrencies based on Ether (ETH). The Company utilizes a fabless business model and specializes in the front-end and back-end of Integrated circuit (IC) design, the two components of the IC product development chain. The Company’s products include computing ASIC chip products consisting of ASIC chips, computing equipment incorporating ASIC chips, ancillary software and hardware, the products are mainly used in the blockchain industry. The Company had built a technology platform named Xihe. The Company has developed hardware models and several systems under the Xihe Platform, including a factory production test system, an after-sales data system, a computing server system and a batch management system.


NDAQ:ICG - Post by User

Comment by Silverwhereon Nov 23, 2016 3:14pm
133 Views
Post# 25504206

RE:RE:BMO: Outperform rating and $1.25 target for Integra Gold

RE:RE:BMO: Outperform rating and $1.25 target for Integra GoldSome what-if math for M2 and the ICG bullboard gang . . . . . . . According to the BMO report, Eldorado owns 62.17 MM out of the 476.9 MM Shares Outstanding . . . currently 13 percent. If ELD bumps that up to 19.9 percent that means they would buy another 6.9 percent of ICG. That math equates to ELD buying another 32.90 MM shares. Just for fun assume ELD does so. At what price per share? Say 0.58 per share. So how much is that you might ask? Quite a bit . . . . . . . 32.9 MM shares x 0.58 per share = 19.08 MM. Drill baby drill.
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