Manny , It’s not confusing it’s rigged. And you being the retail bunny are who they want to rob! The ASX is regularly in the news for failing to run an open and efficient market.
Once you learn the market is full of crooks, you be in a better place.
Then HotCopper has its fair share of liars and sharks, So be careful where you swim.
Your challenge is to learn how to swim with the sharks without being eaten alive.
So get your facts from the company. Even then be careful loads of liars, sharks and complete dills running ASX companies.
Do a lot of research into the track records of CEO’s , Chairmen and Directors .
If you’re investing. Look for outstanding Management, a great product or service, cash reserves and market sector.
In the case of IMU, there are literally hundreds of announcements. 50 videos. Many presentations. And literally millions of posts. Some posters on here are exceptional. They will help interpret a lot of the complexities surrounding IMU.
My personal opinion which many might not agree with. Is that IMU is a steal at .11 cents. Cancer is the biggest game around. The market size that IMU is chasing is around US$500bn. Estimated.
If you listened to the CEO today, IMU is the only company in the world that can mark and kill metastatic solid tumors. There is no other technology out there that can do what IMU can do.
Very soon maybe as early as May 5th IMU will unveil ONCARLYTICS on the world stage at a major cancer conference in the US !
And probably soon after IMU will put on their big boy pants and move onto the NASDAQ.
Manny your job is to assess whether you want to partake in this adventure! And if you want to have a go, how much you want to risk. All investments are a risk. That’s investing in a nutshell. Investing is pricing risk. What price and how much risk you are going to take.
Best of luck.
PS I will disclose that I hold a large holding here. And have been buying more everyday last week . And again today.
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Last
5.2¢ |
Change
-0.001(1.89%) |
Mkt cap ! $382.1M |
Open | High | Low | Value | Volume |
5.4¢ | 5.4¢ | 5.1¢ | $674.9K | 12.90M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 45087 | 5.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.3¢ | 519803 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 45087 | 0.052 |
11 | 671034 | 0.051 |
81 | 7658639 | 0.050 |
23 | 3483045 | 0.049 |
19 | 831259 | 0.048 |
Price($) | Vol. | No. |
---|---|---|
0.053 | 384611 | 4 |
0.054 | 2188679 | 7 |
0.055 | 670630 | 7 |
0.056 | 1929043 | 11 |
0.057 | 1626859 | 12 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
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