I am not smart enough to debate the science of IMU vs RAC, but I was lucky enough to have bought into both stocks. Over 1,000% gain in both over 12 to 15 months.
Over the past 12 months or so, my barbell biotech portfolio of overweight IMU and overweight RAC has worked a charm. This strategy also provided a good counter balance to each stock.
When RAC was racing, IMU was pulling back. When IMU goes for a surge, RAC takes a break, such as what happened the past month.
If history is any guide, it is RAC's turn for another strong run, coming soon... and I argue, to match or challenge IMU's recent run.
Have a very pleasant weekend.
Why IMU is a multi multi bagger, page-1661
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Last
4.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $368.1M | |||
| Open | High | Low | Value | Volume |
| 4.9¢ | 5.0¢ | 4.9¢ | $159.8K | 3.260M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 3060244 | 4.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.0¢ | 5336041 | 28 |
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| Last trade - 11.58am 08/10/2024 (20 minute delay) ? |
| IMU (ASX) Chart |