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Iconic – Tries to rebuff OTT but its RNS does not wash, it is another reason to sack the board

By Tom Winnifrith | Monday 18 January 2021


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Iconic (ICON) has today issued a statement trying to rebuff the demands of 15% shareholder OTT to sack the board. It is a truly dismal statement which, if anything, adds to the case for backing OTT.  I wonder which cretin put this cobblers together?

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