IMU has a put couple of broker research reports on their website a few days ago. There is a lengthy report by Southern Cross equities which has a target price of around 70c. Also, they have given it a valuation of $1.10 if 'everything goes to plan'.
Either way these targets are a long way above the current price.
imu ??, page-2
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Last
4.8¢ |
Change
-0.001(2.04%) |
Mkt cap ! $356.9M | |||
| Open | High | Low | Value | Volume |
| 4.9¢ | 4.9¢ | 4.8¢ | $424.8K | 8.751M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 69 | 8622849 | 4.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.9¢ | 1925890 | 9 |
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| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| IMU (ASX) Chart |