Not sure who you're referring to, but it seems too naive to ask question about the incentive of selling at a higher price... One of the real sellers happen to be me. I'm not just a LT holder, I do trade this stock for quick profit as well. Buy 1m at 1.6, hoping to sell at 1.8, that's a tidy 12.5% ($2k) profit in a few days/weeks? How much do I get by putting my money in bank deposit? Slick made quite a profit trading IMU as well, so maybe he's one of the sell stackers too, not to mention others...
The SP has increased & dropped significantly without any meaningful news before, so it will continue to happen in the future. Because it has a very small market cap, the amount of money required to move the SP & break the wall is within reach by quite a lot of people. If I remember correctly not so long ago a HC poster - Habibul bashar said he owns 24m, enough to break the 0.015c wall, yet I believe he & other major shareholders are here for the long run.
Patience is required - in agreement with 59, wasa, supertrump, mm, qiqi, & others, the majority of IMU shareholders.
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Last
5.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $389.5M |
Open | High | Low | Value | Volume |
5.3¢ | 5.4¢ | 5.1¢ | $717.6K | 13.61M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 1468251 | 5.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.4¢ | 457393 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2447 | 0.058 |
4 | 9915 | 0.055 |
2 | 29891 | 0.054 |
7 | 1312684 | 0.053 |
13 | 2054764 | 0.052 |
Price($) | Vol. | No. |
---|---|---|
0.054 | 355529 | 4 |
0.055 | 832300 | 7 |
0.056 | 1067777 | 8 |
0.057 | 1624353 | 11 |
0.058 | 1120000 | 6 |
Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
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