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.
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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($) | Vol. | No. |
---|---|---|
11.0¢ | 215568 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 31764 | 0.105 |
3 | 207605 | 0.100 |
1 | 10101 | 0.099 |
1 | 52520 | 0.095 |
1 | 9695 | 0.092 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 215568 | 3 |
0.115 | 100000 | 2 |
0.120 | 193000 | 3 |
0.130 | 231571 | 7 |
0.135 | 100000 | 1 |
Last trade - 15.38pm 23/08/2024 (20 minute delay) ? |
IMC (ASX) Chart |
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David DeTata, Managing Director
David DeTata
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