Well I have no inside account of this.
But looking at the timing, some big potential buyers were probably waiting for the outcome of the FY16 financials. It looks like IMD will avoid 15% dilution, and will also be able to remain a going concern with FY16 normalised cashflow from operations of $9.4m - so these players are willing to (or now can based on their mandate) buy now. So provides an exit for those who want to sell.
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Last
$3.02 |
Change
0.090(3.07%) |
Mkt cap ! $1.545B | |||
| Open | High | Low | Value | Volume |
| $2.92 | $3.05 | $2.89 | $3.032M | 1.010M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3466 | $3.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.05 | 800 | 1 |
View Market Depth
| Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
| IMD (ASX) Chart |