I suspect a simple reason 'they' can't buy all the shares is because some people would not sell them. Even PH holds only 5%ref: https://www.marketscreener.com/quote/stock/IMUGENE-LIMITED-10353137/company/
Name Equities % Valuation 1 422,219,760 5.889% 28 M $ 2 291,281,412 4.063% 19 M $ 3 The Vanguard Group, Inc.244,288,515 3.408% 16 M $ 4 118,000,000 1.646% 8 M $ 5 Vanguard Investments Australia Ltd.109,783,697 1.531% 7 M $ 6 Norges Bank Investment Management82,036,374 1.144% 5 M $ 7 79,916,666 1.115% 5 M $ 8 77,000,000 1.074% 5 M $ 9 Netwealth Investments Ltd.60,576,704 0.8450% 4 M $ 10 Sve Capital Pty Ltd.23,000,000 0.3208% 2 M $
So the price would go up dramatically as they started to buy in. If they made a bid instead, it wouldn't take long for an alternative offer to come in I would think.
- Forums
- ASX - By Stock
- IMU
- Why IMU is a multi multi bagger
Why IMU is a multi multi bagger, page-21444
-
- There are more pages in this discussion • 4,088 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IMU (ASX) to my watchlist
|
|||||
Last
5.6¢ |
Change
-0.004(6.67%) |
Mkt cap ! $411.5M |
Open | High | Low | Value | Volume |
5.9¢ | 5.9¢ | 5.5¢ | $1.481M | 26.09M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 400000 | 5.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.7¢ | 685507 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 400000 | 0.056 |
34 | 4259093 | 0.055 |
21 | 3126330 | 0.054 |
23 | 3881412 | 0.053 |
17 | 1361472 | 0.052 |
Price($) | Vol. | No. |
---|---|---|
0.057 | 685507 | 4 |
0.058 | 536198 | 4 |
0.059 | 472079 | 4 |
0.060 | 766014 | 9 |
0.061 | 1058769 | 7 |
Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
Featured News
IMU (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
Previous Video
Next Video
SPONSORED BY The Market Online