My main concern is the following:
When people have mocked our shares on issue IMU has been used as an example of how they were operating on a far bigger float.
Now they that their share price has tanked and need of further capital raises they are now doing a 34-1
consolidation.
I suspect if they get to a point where their backs are to the wall they will do the same.
I have personally never seen a scenario like this bode well for existing shareholders.
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Last
1.1¢ |
Change
0.001(10.0%) |
Mkt cap ! $29.75M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.4¢ | 1.0¢ | $151.6K | 12.61M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 2243271 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 600000 | 2 |
View Market Depth
| Last trade - 16.10pm 16/06/2025 (20 minute delay) ? |
| ADO (ASX) Chart |