Been a tough ride for the long term shareholders, but every now and then patience gets rewarded.
I bought ASXXB about 5 years ago and its had its fair share of a bumpy ride, held through the years and continued to average down at the lows. I am now sitting on a tidy 500%+ profit with a mortgage paid off.
IMC listed at quite possibly the worst time... Travel restrictions & clinical trial sites halted..essentially this sat idle burning cash for several years. Those times are now truly behind us and I think a new found optimism is warranted.
I am quietly confident on this, and if I were an exisiting holder, I would average down as much as possible. This will re-rate.
Ann: Board Changes, page-10
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Last
10.5¢ |
Change
-0.005(4.55%) |
Mkt cap ! $23.93M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.5¢ | $6.177K | 58.83K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 31764 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 215568 | 3 |
View Market Depth
| Last trade - 15.38pm 23/08/2024 (20 minute delay) ? |
| IMC (ASX) Chart |