It is because they know more positive news is coming. Taking a mid-term view, based on the large-scale early conversion of options, a buyout or partnership deal is on the cards within 12 months.
Just a waiting game from here - the big boys can play games in the meantime, but it will not affect the final outcome. You only lose when you sell.
IMUGENE CHART. TA only, page-2365
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Last
4.5¢ |
Change
-0.001(2.17%) |
Mkt cap ! $342.1M | |||
| Open | High | Low | Value | Volume |
| 4.6¢ | 4.6¢ | 4.4¢ | $510.4K | 11.32M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 52 | 8692278 | 4.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.5¢ | 1531907 | 14 |
View Market Depth
| Last trade - 11.07am 14/11/2024 (20 minute delay) ? |
| IMU (ASX) Chart |