This is a sinking ship and has become a lifestyle share for the management. After the Bell Porter presentation, the game seems to be over for now. In order to have SP appreciation, there is nothing until the data is released. I can understand the feeling of many investors who may have bought this >10C or much higher. It seems like LC went to market for Ph 2 trial CR and she was offered much lower what she was asking and institutional investors pulled off from the market.
The shorters have upper hand as they have already pull down the price by 55% from recent high of 13C. I don't thing anyone is interested to buy IMU with current level of expenditure or without FDA approval. Now recovering principle amount seems a distant future at least not in this FY
Media Thread, page-13967
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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 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| IMU (ASX) Chart |