In my view (not exactly sure if I am allowed one) you are correct especially if it refers to the IMMP ticker..
The sooner we get there the better.. we don't need to up ramp... the big hedge funds and the boys hiding behind wall street (in family offices,Archegos) are accumulating a position while the stock price is low, ready to sell to all the qualified investors in the world... everyone will love that "up ramp"
Retail just needs to hang on at this point and go for the ride... if we get to over $5US IMMP then the next CR will be a lot less painful for long term holders.. maybe even allow them to take some money off the table....
A wise once told me nothing happens until someone sells something.. (or is willing to buy) added by me... https://hotcopper.com.au/posts/52090310/single
90 cents is the price target, page-76
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Last
32.3¢ |
Change
-0.033(9.15%) |
Mkt cap ! $475.7M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 34.5¢ | 31.5¢ | $2.129M | 6.478M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 44 | 334104 | 32.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.5¢ | 259692 | 20 |
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| Last trade - 15.26pm 15/07/2024 (20 minute delay) ? |
| IMM (ASX) Chart |