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Intchains Group Ltd V.ICG


Primary Symbol: ICG

Technology Semiconductors
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

Intchains Group Ltd > Market paying a premium for ICG ?
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Comment by BASTILLEDAY4Uon May 31, 2017 6:05pm
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Post# 26308364

RE:Market paying a premium for ICG ?

RE:Market paying a premium for ICG ?
Marine2 wrote:

Market paying a premium for ICG ?

 

ELD close $4.09 X 0.24250 = 0.99 for ICG

 

ICG closing price $1.05 thats a .06 cent difference about a 6% premium for Integra.

 

Anyone willing to placing a bet, Integra will see another offer ?

 

M2



Premium, hardly. Integra share price is being propped up by a legally binding contract between the two parties. One side has a financial guarantee, the other side does not.
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