In IMO, and I have dealt with speccas for years they behave differently to revenue equities. Small, Mid and Large Caps run nicely between ANN's because of consolidated revenues. Micro Caps , for the most part, dont have revenues, so get attacked by bears or people get impatient if there are long delays between ANN's.
IMO , speccas are immensely volatile, and highly unpredictable because they are mainly sentiment driven, and in the absence of regular ANN's they start to go a little stale in some investors eyes. Basically people become impatient. Hence the SELL queues and "Wall" resistance points.
IMU has solid fundamentals IMO, and patience is the key here in the absence of any bad ANN's.
I look forward to 2018 for IMU.
Cheers and GLTAH.
....59
Ann: Change of Director's Interest Notice - CW, page-29
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Last
5.4¢ |
Change
-0.002(3.57%) |
Mkt cap ! $401.6M | |||
| Open | High | Low | Value | Volume |
| 5.6¢ | 5.7¢ | 5.4¢ | $1.182M | 21.47M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 3441484 | 5.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.5¢ | 574188 | 6 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| IMU (ASX) Chart |