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4.21%

9.9¢ immuron limited

Horrific Price Action, page-3

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Orioles

928 Posts.

61

13/11/18

17:10

Post #: 36488852
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Originally posted by Orioles: ↑

Stock is now lower than it was in late January 2018 despite all good news since then. I am very long but I believe shareholders need to start putting pressure on this management team for some answers.

Where is Sanyal's presentation? He presented on Sunday. Two trading days have now gone by in Australia with no update. Why was there no update regarding the colitis presentation last month in Europe? What is going on with Amazon taking over direct sales of Travelan? Why does the company trade at a U.S. $27M market cap despite a Phase 3 ready liver disease drug and such great prospects with fully paid for Phase 2 NIH trials in ASH and PNAFLD? The DoD work on Travelan too .... just unreal.

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I could somewhat understand if this company had an ugly balance sheet or poor share structure with lots of dilutive overhang - but it doesn't. It's incredibly clean. So it begs the question: what in the world is wrong?

IMC Price at posting: 26.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 9.9¢		Change 0.004(4.21%)		Mkt cap ! $22.57M

Open	High	Low	Value	Volume
9.5¢	9.9¢	9.5¢	$4.641K	48.84K

Buyers (Bids)

No.	Vol.	Price($)
1	3934	9.5¢

Sellers (Offers)

Price($)	Vol.	No.
10.0¢	160371	2

View Market Depth

No.	Vol.	Price($)
1	3934	0.095
3	30988	0.091
1	500000	0.090
2	12235	0.089
2	12363	0.088

Price($)	Vol.	No.
0.100	160371	2
0.105	295769	3
0.110	96204	3
0.115	50000	1
0.120	138000	3

Last trade - 10.19am 10/09/2024 (20 minute delay)

IMC (ASX) Chart