There are lots of sell orders, but not for much volume. Personally I don't think a pump makes sense, especially when you work out the trades;
Last Thurs 200k average of 29
Last Friday 200k average 29
Monday 500k average 36
So if a pump the average for 900k would be 32.88, so 33. Then on Tuesday another 200k bought at 36 & today ~200k at 35.25, so the average for 1.3mio shares is around 33.5. So it appears to me, that they buyer is slowly buying & trying to get them in quietly, but I expect supply at 35/36 has run out now, so best to pay for next chunk up to 42 which is another 220k at an average of 39, that is without short termers stepping in & selling more on the way to 42, which they surely will. They buyer is smart & the sellers just seem happy to sell here just because they're in profit. In my opinion, Very silly selling at these prices equating to $35mio. As any major Pharma would probably pay $300mio for us today, & after interim maybe $700mio & after phase 2b $2billion to $3billion. Just my opinion, referencing our position in the Fatty liver picture, versus peers.
- Forums
- ASX - By Stock
- IMC
- IMC foolish holders
IMC foolish holders, page-41
-
- There are more pages in this discussion • 7 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 IMC (ASX) to my watchlist
(20min delay)
|
|||||
Last
10.0¢ |
Change
-0.005(4.76%) |
Mkt cap ! $23.93M |
Open | High | Low | Value | Volume |
10.5¢ | 10.5¢ | 10.0¢ | $18.24K | 181.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 133830 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 100000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 133830 | 0.100 |
1 | 40000 | 0.099 |
1 | 45503 | 0.098 |
2 | 150000 | 0.097 |
1 | 3934 | 0.095 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 100000 | 2 |
0.110 | 232704 | 4 |
0.120 | 8695 | 1 |
0.125 | 53748 | 2 |
0.130 | 71546 | 4 |
Last trade - 12.45pm 01/10/2024 (20 minute delay) ? |
Featured News
IMC (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online