40c for what they have is ridiculous.
Pumpers will keep pumping to make sure they are well in the money to keep holding. Pressure is put on management to perform when they need to work for their shareholding value.
This will sink to 25c.
It's newly listed and has lots of "interest". You have to give it time for things to settle.
INDUSTRIAL MINERALS LTD IPO Analysis, page-43
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Last
19.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.40M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4178 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 17502 | 2 |
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