IMC 0.00% 10.5¢ immuron limited

Ann: Immuron Announces Management Changes, page-12

  1. 4,445 Posts.
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    Yes i put it on the nasdaq listing. Firstly the lowball 33c listing. Then as the asx listing fell to 33c nasdaq listing followed. And it has been a back and forth battle of stabilization and value. For example.. and i saw this coming before the nasdaq listing... say nasdaq is down 5% overnight. Imc was down following day, then the following night on nasdaq down again, asx followed. Its been like this since the listing. And now its trading at an insulting mc. For whatever reason. I feel its been intentional. Any week and day now a positive ann. Will rerate the share price back to where it should be. Which is unfair for those in the know buying at 17c and so on. And imo much lower soon.
    So as nasdaq is down asx will be down, and since asx is down nasdaq will be down. And so on. Thst is why sp is an astounding 17c... when not pong ago was hard to buy at 60c, as i recall there was barely any on offer which is why sp ran so high.
    Its easily played this way especially due to the supposed uncertainty of results, which some and i am one of them know will be good. But putting fear into retail investors has been easy and its worked.
 
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