Its already been a Tesla for a lot of people. A lot of people bought in around 2 to 3 cents. So its even outpaced Tesla returns.
So I think you’ve got to expect a lot of those people who haven’t sold would be thinking about cashing in especially if they see the price tumbling.
This shake out is perfectly healthy. A period of consolidation is in order. I feel for people who bought in high but thats the market.
IMU is still undervalued long term.
IMUGENE CHART. TA only, page-2449
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Last
5.5¢ |
Change
-0.002(3.51%) |
Mkt cap ! $402.5M | |||
| Open | High | Low | Value | Volume |
| 5.7¢ | 5.7¢ | 5.4¢ | $1.042M | 18.87M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 628179 | 5.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.6¢ | 897037 | 6 |
View Market Depth
| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
| IMU (ASX) Chart |