Mate I am on board with IMC, but let's not pretend there aren't alternatives to Travelan are not out there and it operates in a monopoly. Additionally, the marketing campaign was for traveller's stomach bug - not many are travelling these days. You think this stock should be valued the way it is now, solely based on this one product in the current environment?
Nothing wrong with telling people to take a step back and see the big picture - there a hundreds of horses in the race against covid. A large majority of them will lose and people need to accept the fact that the odds are not in their favour.
Why am I invested? I'm invested in the off chance the DoD lead ends up being something big - the covid out of left field announcement is just the cherry on top.
Mate I am on board with IMC, but let's not pretend there aren't...
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Last
9.7¢ |
Change
-0.003(3.00%) |
Mkt cap ! $22.11M | |||
| Open | High | Low | Value | Volume |
| 9.9¢ | 9.9¢ | 9.7¢ | $29.26K | 300.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 120416 | 9.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.9¢ | 101359 | 3 |
View Market Depth
| Last trade - 15.34pm 08/05/2024 (20 minute delay) ? |
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Last
9.7¢ |
Change
-0.003 ( 3.00 %) |
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| Open | High | Low | Volume | ||
| 9.8¢ | 9.8¢ | 9.6¢ | 92000 | ||
| Last updated 14.53pm 08/05/2024 ? | |||||
| IMC (ASX) Chart |