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4.21%

9.9¢ immuron limited

.85-95 ASX ($25-$30 USD) by June 2018, page-44

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Orioles

928 Posts.

61

22/03/18

20:38

Post #: 31962241
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Originally posted by whittpa ↑

He means the IMCOB options are out of the money by 13 cents & trading at 11cents. So 24 for options, but people getting 3-3.5x leverage. In USA options to buy IMRN are trading at $4.10 when IMRN was trading at $11.50. I ran a Blackscholes option pricing model on 5 yr options with $10 exercise when IMRN was ~$5 & they worth about $5 then. I also ran the model with assuming IMRN market was trading $10 & what was the worth of IMRNW even though 'at the money', not 'in the money' & on 100%vols the IMRNW were worth north of $8 each. So I scooped up boat loads sub $1.50. There are still massively undervalued. Oh my god this sp is going to start flying in next 1-2months!! It is just stupidly mispriced, but it is changing albeit slower than we'd like. Patience will be rewarded. As Warren Buffett says the stock market is a mechanism that transfers wealth from the impatient to the patient.

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There are only about 694,000 of these IMRNW warrants in existence. I own a nice chunk of them myself They expire in June 2022. And like you said, $10 strike.

IMC Price at posting: 42.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 9.9¢		Change 0.004(4.21%)		Mkt cap ! $22.57M

Open	High	Low	Value	Volume
9.5¢	9.9¢	9.5¢	$4.641K	48.84K

Buyers (Bids)

No.	Vol.	Price($)
1	3934	9.5¢

Sellers (Offers)

Price($)	Vol.	No.
9.9¢	56987	1

View Market Depth

No.	Vol.	Price($)
2	53934	0.095
3	30988	0.091
1	500000	0.090
2	12235	0.089
2	12363	0.088

Price($)	Vol.	No.
0.099	56987	1
0.100	160371	2
0.105	295769	3
0.110	96204	3
0.115	50000	1

Last trade - 10.19am 10/09/2024 (20 minute delay)

IMC (ASX) Chart