IMM 3.57% 29.0¢ immutep limited

moving , page-34

  1. 71 Posts.
    Snoball you seem to have got it right but here's something more to chew on. For the last few days sell orders of 300k appeared whenever a break through to over 7c appeared close. These 300's would then provide a dam that the price couldn't breach. I observed this phenomenum then yesterday took the cake. 7 million shares in the first hour that should mean a breakthrough, the 300k appeared as usual. The tide looked unstoppable so what happens? A 600k sell order is placed, that's like bringing in the cavalry. Mysteriously,not so, 5 minutes later the 300k sell is taken off. Someone has to look at this trading, seems immoral and illegal. Ok what's the benefit to anyone? If the share price could reach 10 or 11c for the SPP it would mean a big difference in take ups. Assuming day traders don't participate in SPP's the potential at 10c would raise about $5-6 million. Capping the price at under 7c would reduce that to $2-3million. Raising $5-6 million would mean funds from Fortrend would not be necessary for quite a long time, and the share price would head back up to former levels. Then management could use the credit line without giving away too much of the company. Mysteriously, not so, this morning the 600k sell order was removed and the 300k sell order put back on. If somebody is manipulating they're not doing a good job of hiding it. If you agree highlight this posting and maybe someone will get the message.
 
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Last
29.0¢
Change
0.010(3.57%)
Mkt cap ! $421.8M
Open High Low Value Volume
28.0¢ 29.0¢ 27.5¢ $814.3K 2.871M

Buyers (Bids)

No. Vol. Price($)
8 186340 27.5¢
 

Sellers (Offers)

Price($) Vol. No.
29.5¢ 136417 6
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Last trade - 16.10pm 06/11/2024 (20 minute delay) ?
IMM (ASX) Chart
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