Not quite, the IP is valued at $50m at cost which is roughly 0.8 cents per share
Add the 2.5 cents in cash and you have a company worth 3.3 cents. I have paid a premium of 10c to secure IMU for its blue sky value. Bit of a gamble really and that is what IMU is, a speculative gamble. Time will tell if I have done my dough, and any comment I make here will have no effect on the SP.
Why IMU is a multi multi bagger, page-11958
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Last
5.6¢ |
Change
-0.002(2.63%) |
Mkt cap ! $411.5M | |||
| Open | High | Low | Value | Volume |
| 5.6¢ | 5.7¢ | 5.5¢ | $274.8K | 4.930M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 3426496 | 5.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.6¢ | 418084 | 20 |
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| Last trade - 12.44pm 22/07/2024 (20 minute delay) ? |
| IMU (ASX) Chart |