Hi @TheAnalyst007. re your statement "Regular punters who hold a few shares though will look at the premium to the current price and will lick their lips at the thought of it." There are many who bought in at a higher price and would NOT be licking their lips at all. They would be looking at making a profit on their investment. Sure, some investors bought in at a far lower price and 30c would be a good return on their investment. However, I believe many have already had the opportunity to cash in and have not done so because they see far greater rewards down the track. I am one of those and I would NOT be happy with just a 300% premium. Way undervalued IMHO.
Why IMU is a multi multi bagger, page-20030
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Last
5.9¢ |
Change
-0.003(4.84%) |
Mkt cap ! $433.6M | |||
| Open | High | Low | Value | Volume |
| 6.1¢ | 6.3¢ | 5.8¢ | $2.926M | 48.68M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 1489666 | 5.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.9¢ | 1250588 | 5 |
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| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| IMU (ASX) Chart |