The market has priced imu at 850mil give or take a little..
850mil for a company with massive capital needs and absolutely now revenue add over 8billion shares to that order and its not hard to see why imu are stuck in this glut..the market sees 10 to 12c fair value..
It's now time for Lesile and hopper to show the market why Imu should run with real money..
Its 2024..not 2014..money is tight and never has the saying money talks and BS walks been so real..
I'm not saying Lesile is BS artist but the market is saying SHOW ME DA MONEY..because any company with huge capital expenditure coupled with zero revenue understandably isnt worth 1 billion dollars let alone 3 of which many have learnt..
Go team IMU..seal the deal...
dyor..just my opinion and never advice
IMU Price at posting:
11.5¢ Sentiment: None Disclosure: Held
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