I don't like the CR either but they did not force anyone to sell, it is the holders who sell for a variety of reasons. Why the sp often falls below CR is a mystery to me but that's the way it is. Normally holders should be happy that funds are secured and should enjoy the progress but the opposite is the case. And should they decide to consolidate the shares then we will see another sell down as outlined by me yesterday due to some holders limited brain capacity.
In the end common sense will prevail and should the results continue to be outstanding then the sp will adjust higher either from here or post consolidation level.
I agree with those who say they have to raise when possible, not when needed. Yes, could have been done at 5c instead 3.6c but believe me, we would have the same discussions just at a higher sp level.
GLTA
Charting Only., page-1063
-
- There are more pages in this discussion • 1,463 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 IMU (ASX) to my watchlist
(20min delay)
|
|||||
Last
5.9¢ |
Change
0.005(9.26%) |
Mkt cap ! $433.6M |
Open | High | Low | Value | Volume |
5.5¢ | 5.9¢ | 5.4¢ | $1.489M | 25.99M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 35252 | 5.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.0¢ | 1753430 | 24 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 35252 | 0.059 |
3 | 727241 | 0.058 |
14 | 2231166 | 0.057 |
5 | 2211114 | 0.056 |
22 | 2671091 | 0.055 |
Price($) | Vol. | No. |
---|---|---|
0.060 | 1753430 | 24 |
0.061 | 663559 | 7 |
0.062 | 305000 | 5 |
0.063 | 100000 | 1 |
0.064 | 304500 | 4 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
Featured News
IMU (ASX) Chart |