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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Not sure who you're referring to, but it seems too naive to ask...
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Last
4.6¢ |
Change
-0.002(4.17%) |
Mkt cap ! $342.1M |
Open | High | Low | Value | Volume |
4.8¢ | 4.8¢ | 4.6¢ | $400.2K | 8.603M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 1876197 | 4.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.7¢ | 613421 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 1854458 | 0.046 |
39 | 5738044 | 0.045 |
34 | 6066577 | 0.044 |
24 | 2648537 | 0.043 |
29 | 1556623 | 0.042 |
Price($) | Vol. | No. |
---|---|---|
0.047 | 613421 | 6 |
0.048 | 2381218 | 13 |
0.049 | 4055660 | 11 |
0.050 | 5911146 | 23 |
0.051 | 1871050 | 14 |
Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
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IMU (ASX) Chart |