Hi All
Most of what has been said about IMP today has some relevance. It was a very bad day in the SM, today the prices were all over the place with no real trend. Saying that IMP shares will continue to trade at a lower levels for the time being even if at low volumes until most of the options are traded. By that time IMP will have 10 wells online and be drilling the next 5 wells We all know IMP is undervalued atm and if the company is thinking of consolidating the shares I would hope it is sooner than later.
Holders know with at least 80% certainty that IMP will have over 50 wells online in around 12 months give or take and what will it be worth then eh
I for one will not sell shares and options at these ridiculous prices and cheers to buyers that can get them so low, grab as much as you can.
Cheers
Xan
IMHO
DYOR
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