There are businesses, there are investors and there are price charts.
My 40 years plus of investing has taught me to concentrate on the business and forget the foibles of the rest.
IMU has little fundamental value as its commercial pipeline is NIL. It's potential is roughly UNLIMITED.
So how how can anyone arrive at a valuation? You can't.
One is punting on a business that has capacity to save lives and make an awful lot of money OR it will go broke.
Investing is an art not a science IMO.
IMUGENE CHART. TA only, page-31623
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Last
5.0¢ |
Change
-0.001(1.96%) |
Mkt cap ! $369.6M | |||
| Open | High | Low | Value | Volume |
| 5.1¢ | 5.2¢ | 4.9¢ | $600.3K | 11.96M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 55 | 5384149 | 4.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.0¢ | 413505 | 12 |
View Market Depth
| Last trade - 12.36pm 08/07/2024 (20 minute delay) ? |
| IMU (ASX) Chart |