GREY:ICOTF - Post by User
Post by
KeepGoingon Jul 13, 2018 2:49pm
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Post# 28313925
Announcement delay
Announcement delayThe announcement has clearly been delayed given the expectations set for early July. They need the weekend because something is brewing. Monday or Tuesday are the likely dates for announcements I would suggest or market expectations will be left dangling. Rae has to say something by then because we would be entering mid to late July. I don't believe that Rae will sell out to a Pharma at at 2 dollars if the announcement was positive. That would be silly. He will want 20m dollars at least from his holding in ICO; this is his baby. That would make the price 5 dollars give or take which is not going to happen next week. More catalysts are needed for this and more time. I think the pharmacokinetic data will be announced and possibly something about the 32m. I may be wrong but these are my thoughts. An ICO does not come along often. It makes sense to hold this one long ahead of announcement and trade other stocks. Any views welcome. GLTA