The SP will drop. Everybody will panic. They’ll blame LC and PH. Then they’ll release some great data and the price will go up again.
In the meantime all the conspiracy theories will dominate any sensible discussions.
Unfortunately IMU has attracted in many people who aren’t suited to Biotech. They need their hands held. They read crap on HotCopper and their lizard brain kicks in . Fear and doubts takeover their rational thinking.
Some start dumping perfectly good shares to ease the pain of their lizard brain kicking into survival mode.
The rest of us have to endure this silly behaviour..It’s the polar opposite of the euphoria at .63 cents 2 years ago.
Take A bex and lay down. It’ll pass.
Why IMU is a multi multi bagger, page-23315
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Last
5.9¢ |
Change
0.005(9.26%) |
Mkt cap ! $433.6M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.9¢ | 5.4¢ | $1.489M | 25.99M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 35252 | 5.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.0¢ | 1753430 | 24 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| IMU (ASX) Chart |