IMC 3.61% 8.0¢ immuron limited

.85-95 ASX ($25-$30 USD) by June 2018, page-41

  1. 3,856 Posts.
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    Sounds like you're in to make a killing on this one haha.
    Yep (Perhaps my original post was a little rushed) the IMCOB are valuing IMC at about 66c each ------------BUT------------- there's no volume there. Almost no one is willing to sell their IMCOB at 11c so which is offered.
    The only significant volume we've seen go through in there is around the 13-18c mark. If we say 15c for a halfway point that's valuing the IMC at 70 motherf*^&ing cents.
    Paying a ~75% premium for the options now but you can get about 3 times as many IMC with them for the same initial capital.

    IMC really should be in the money by now. Looks like we're moving on up after some nervous holders took their profits. Funny how we reached 70c on anticipation of results last year but only just touched 60c once the good results were released.
    Won't be too long until IMCOB are in the money imo.

    Roadshow starting soon too I believe.
 
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