In my opinion you have to ask who absorbed it, statue holders or those wanting a fast return?
Honestly I reckon retail is just about full to the brim of stock so why would you want more, why wouldn’t you spread it if you already had plenty? Therefore I reckon it’s safe to assume that most of the turnover is from those in for a fun game not a long game.
Cheers.
IMUGENE CHART. TA only, page-27988
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Last
5.3¢ |
Change
-0.002(3.64%) |
Mkt cap ! $389.5M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.5¢ | 5.3¢ | $206.7K | 3.819M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 489198 | 5.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.4¢ | 574672 | 9 |
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| Last trade - 11.01am 18/07/2024 (20 minute delay) ? |
| IMU (ASX) Chart |