IMM 4.69% 33.5¢ immutep limited

todays top - up price, page-21

  1. 46,202 Posts.
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    Seems you have a crystal ball that tells you to what degree Nasdaq listing will create buying pressure as Americans start to buy new shares. Mine is not as good. All I can go by is that fact that more buyers usually translates into a higher share price. IMO The delay has created an air of uncertainty and balances out some of what had been factored in for Nasdaq. More likely a tip sheet as reported by some posters yesterday caused some selling and a rush of panic selling as a consequence and stop losses being hit causing a self perpetuating downturn.

    What it does is probably provide the followers of another stock tip sheet to buy up to their analysts buy price. Which wins out is beyond prediction.

    The herd mentality in the market creates its own momentum and sentiment can dictate where a share will go until the bigger players start dictating the terms. Nothing has changed in terms of Primas work. So the fluctuations are based on market dynamics only. What I do know is that the shares have been in unptrend on high turnover and that has got to be good, particularly for the long term holders. I note that the buy sell ratio has changed by roughly a third over the past two days and it could mean that there is a strategy by buyers to stay out hoping for a retrace before they start buying again.

    Sentiment has been dampened but not by much and it needs to dry out in consolidation before it can start floating upward again. At least thats the way I see it.

    cheers
 
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Last
33.5¢
Change
0.015(4.69%)
Mkt cap ! $486.6M
Open High Low Value Volume
32.0¢ 33.5¢ 32.0¢ $1.303M 3.974M

Buyers (Bids)

No. Vol. Price($)
6 29843 33.0¢
 

Sellers (Offers)

Price($) Vol. No.
33.5¢ 105523 4
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Last trade - 16.10pm 25/07/2024 (20 minute delay) ?
IMM (ASX) Chart
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