IMM 5.08% 31.0¢ immutep limited

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  1. 116 Posts.
    They are definitely not Mum n Dad investors. They're professionals who pay a set amount each year to make a set amount of buy/sell transactions. This also allows them to purchase less than $500 in one go. And one of their aims is to manipulate the share price and buy/sell depth so chartists (and folk like you and me) potentially get confused and buy/sell.

    Which is why if you're invested in the longer term (i.e., 3 months +) you should only take not of the share price if there's substantial volume. If PRR falls but only $15,000 has been traded that day, just ignore it. But if millions of dollars has changed hands then start to take notice. At least that's how I do.

    Which reminds me of some advice I received a while back: a slowly dropping share price on very low volume can mean good things. Of course, 'can' should be emphasized.

    Anybody else have a take on that little bit of advice?
 
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Last
31.0¢
Change
0.015(5.08%)
Mkt cap ! $450.3M
Open High Low Value Volume
31.5¢ 35.0¢ 31.0¢ $2.508M 7.793M

Buyers (Bids)

No. Vol. Price($)
10 226373 30.5¢
 

Sellers (Offers)

Price($) Vol. No.
31.0¢ 40135 2
View Market Depth
Last trade - 16.10pm 01/07/2024 (20 minute delay) ?
IMM (ASX) Chart
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