"Also, as I have said before, only a very limited amount of institutions would have a mandate to invest in a company like PRR. Again the vast majority of these investors are knowledgable in the bio space, and are looking for multiple sp increments to justify the early stage risk."
I would like to agree with you on these points here Chawkey but I really doubt there are many insto's in our market who know this company well.
12.5mil shares @ 32c locks in 500k profit. Insto's like Ord would jump at these profits in a heartbeat... this company also widely publicised for stepping outside their mandate.
I hold long and hope I'm proven very wrong. I just find it a little too coincidental that a nicely leaked & pumped up announcement is presented the day before 75mil is placed in the hands of these people.
Tomorrow will tell.
- Forums
- ASX - By Stock
- IMM
- selling on a bullish announcement
selling on a bullish announcement, page-15
-
- There are more pages in this discussion • 54 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
|
|||||
Last
35.5¢ |
Change
0.015(4.41%) |
Mkt cap ! $515.6M |
Open | High | Low | Value | Volume |
34.0¢ | 36.0¢ | 34.0¢ | $1.270M | 3.611M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 286261 | 35.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
36.0¢ | 253490 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3250 | 0.345 |
2 | 17500 | 0.340 |
4 | 97500 | 0.330 |
2 | 33079 | 0.325 |
1 | 6234 | 0.320 |
Price($) | Vol. | No. |
---|---|---|
0.360 | 138490 | 4 |
0.365 | 64000 | 4 |
0.370 | 110306 | 3 |
0.375 | 45000 | 2 |
0.380 | 201873 | 5 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
Featured News
IMM (ASX) Chart |