Those who put effort in listening to the CEO in the business forums would know by now what is the priority. IPO funding on ASX, and especially short-to-mid trading/“investment” is way down that list. They have a real opportunity at improving quality of life and contributing to once in a life time type of treatment. It was clearly mentioned by LH several times in public.
though, short term hit to the sp might be obvious, yet to be seen, and this decision could’ve been prepared/neg’ed/executed better based on the current sentiments and even fundamentals, but imho this is just confirming they are here for a long run, they are confident, they don’t care about smaller fluctuations like 11%, even 50%, sp is not our main priority atm.
If you’re a long term investor who looks beyond money, also not just at financial fundamentals (i mean strength of leadership, track record, continuous attention to what matters most…), then you most likely going to ignore or play the deep a bit.
if you’re a trader, or in need of quick buck, you might get impatient, or just trade the deep (if it happens).
let the weak hands sell, let the traders do what they do best. Decide for yourself why you’re investing in IMU, stick to your investment thesis!
just a personal opinion, not an advise. Do what YOU need to do.
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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 | 717241 | 0.058 |
8 | 1860543 | 0.057 |
3 | 1067860 | 0.056 |
20 | 2643992 | 0.055 |
6 | 1127777 | 0.054 |
Price($) | Vol. | No. |
---|---|---|
0.060 | 1095176 | 20 |
0.061 | 520305 | 5 |
0.062 | 290000 | 4 |
0.063 | 100000 | 1 |
0.064 | 217000 | 3 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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