By the sounds of it they've already lined up someone for the cap raise which looks to be without options (which is the usual sweetener/freebie). so whoever is providing the funds will only make their money off the increase and subsequent sale of their allotment.
they're raising a specific amount of shares not dollars, so the lower the price the less PHs mate doing the raise has to pay.
I'm thinking, consolidation > cap raise > announcement/pump > then dump of those shares.
All IMO of course would love a juicy announcement between now and then. I was looking back at 2021 - IMUs year of the pump, we were getting multiple announcements a month - a lot different now
IMU Price at posting:
1.5¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)