The NASDAQ Biotech index has risen gradually over the past 6 months, up over 11%. Unfortunately over that period of time, the IMU share price has been tracking in the opposite direction. Hence the index is not a very good indicator of what to expect from the IMU share price.
The only event which I see can reverse the current trend, including the amount of shorters, is an announcement regarding a significant advancement or result in one of its trials.
Why IMU is a multi multi bagger, page-10968
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Last
5.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $394.1M | |||
| Open | High | Low | Value | Volume |
| 5.4¢ | 5.5¢ | 5.3¢ | $817.0K | 15.17M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 4719788 | 5.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.4¢ | 453183 | 5 |
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| Last trade - 16.10pm 10/09/2024 (20 minute delay) ? |
| IMU (ASX) Chart |