IMC 1.23% 8.2¢ immuron limited

Ann: Appendix 4E and 2020 Financial Report, page-18

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  1. 1,808 Posts.
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    I have been burnt on this stock many years back. I thought this time the re-rate was genuine and bought it again. And guess what, the stock did exactly what it always did.

    I guess the SP performance has more to do with who are the majority shareholders and how do they play with the stock rather than the fundamental or technical analysis of the stock. This one is certainly plagued with such large holders who are determined to damage the share price in short to mid term and then take big advantage in one shot when their boots are full. Extremely bad stock to own by retail holders.
 
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