Got a bit of a theory about the E’s.
Perhaps a few have sold heads and held onto the E’s.
Once heads passed the CR price (8.4?) , the E’s are free carried until exercised. Essentially a risk free investment once
you got your money back on the heads.
Sweet deal.
That may explain the tight supply of E’s and why it appears to be leading the heads in terms of chart action.
Just a theory and happy to be proven wrong. I hold both.
Why IMU is a multi multi bagger, page-19975
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Last
4.6¢ |
Change
0.001(2.22%) |
Mkt cap ! $342.1M | |||
| Open | High | Low | Value | Volume |
| 4.5¢ | 4.7¢ | 4.5¢ | $906.2K | 19.67M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 9543864 | 4.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.6¢ | 1266571 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| IMU (ASX) Chart |