To Paul Jones,
I say sub 10 cents because that's where the stock would probably go if this Nasdaq listing doesn't come through. Everyone is assuming that it's a given. I don't think so at all. I've played these TSX, Nasdaq and ASX small and microcaps for a decade and a half..and I've seen a lot of these "sure thing listings" fall by the wayside. The run up has been in expectation of the listing. If it doesn't happen we go back to where we started..or lower.
My last example...Helicos biosciences on the Naz. It flew from 40 cents to 80 cents while I was on holiday in Spain 6 months ago. It was gonna be the next big sequencer..where is it now? On the pink sheets hlcs.pk. Delisted. 15 cents. Luckily I broke even on the investment once I saw the trend...
I'm not saying that it's gonna happen here...but don't ASSUME anything.
- Forums
- ASX - By Stock
- IMM
- caution required...?
caution required...?, page-12
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IMM (ASX) to my watchlist
(20min delay)
|
|||||
Last
33.5¢ |
Change
-0.010(2.90%) |
Mkt cap ! $486.6M |
Open | High | Low | Value | Volume |
34.0¢ | 34.5¢ | 33.5¢ | $472.6K | 1.391M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 111850 | 33.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
34.0¢ | 1622 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 111850 | 0.335 |
11 | 439879 | 0.330 |
6 | 77256 | 0.325 |
11 | 473552 | 0.320 |
2 | 155000 | 0.315 |
Price($) | Vol. | No. |
---|---|---|
0.340 | 1622 | 1 |
0.345 | 89276 | 5 |
0.350 | 59574 | 6 |
0.355 | 120864 | 5 |
0.360 | 152696 | 6 |
Last trade - 16.10pm 01/08/2024 (20 minute delay) ? |
Featured News
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
TG1
TechGen Metals kicks off airborne geophys survey at Sally Downs copper play – a first for the permit
IMM (ASX) Chart |