Why IMU is a multi multi bagger, page-12998

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slick

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05/05/23

17:10

Post #: 67631915
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Originally posted by hotdogrob: ↑

Hard to argue with any of that Eileendover..

If I may add..what value did PH add for LT imu shareholders when he sold 75mil or so shares off at 49c..it's almost like his made his coin and whatever happens happens..

I have read some posts in the past regarding this sale and words to the effect being thrown around such as the shares were brought to be loaned out for an entity to short imu as a hedge..

I'm not all over this and don't fully understand this situation and in PH defence the people making comment on this wouldn't be completely sure that was the case however if true what value would that situation bring to holders other than a falling shareprice and able to buy more at a way way cheaper price.

I'm certainly not implying PH has done any wrong it was jst some comments I've read regarding the matter from time to time and I know PH put out an announcement to explain..and he has every right to sell off its jst how it was done that raises my eye brow..

again I'm not all over this situation so I could be completely off the mark so I will stand corrected if need be..ie I could be completely wrong..

and b4 everyone chimes in with the look at the great opportunity now presented..well yes agree for some but for the majority of retail it's the opposite and one only has to look at volume and the exhaust shareprice to realise most are sitting tight not buying as they have there allotment..

It's time IMU CFO appointed many months ago found his voice .

dyor..just my opinion and never advice

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Hotty they were 2 seperate situations.

One was when PH used his shares as security for a loan and the other was what you mentioned when PH sold off some stock to pay a few bills.

Off topic a bit but gee, who’d want to be in management of a ASX listed company? You’re expected to continue buying through thick and thin but never never never sell any.
If anyone cares to look, upper management all have very decent holdings of IMU regardless of how they got them.
They all have normal lives to lead, just like us.

Cheers.

IMU Price at posting: 12.0¢ Sentiment: None Disclosure: Held
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5 Great analysis

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