My main concern is the following:
When people have mocked our shares on issue IMU has been used as an example of how they were operating on a far bigger float.
Now they that their share price has tanked and need of further capital raises they are now doing a 34-1
consolidation.
I suspect if they get to a point where their backs are to the wall they will do the same.
I have personally never seen a scenario like this bode well for existing shareholders.
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Last
1.0¢ |
Change
0.001(11.1%) |
Mkt cap ! $27.05M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 1.0¢ | 0.8¢ | $64.70K | 6.680M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1988556 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 405002 | 3 |
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| Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
| ADO (ASX) Chart |