Correct, SPP opens next week.. Monday 28th. Closing Thurs 14th Sep, with the 5 day vwap calculated then.
So it wouldn't be out of the realms of possibility to say IMU could be trading at a premium to the CR level by then, and imo VERY likely at a significant premium to the current depressed level.
My concern was shareholders being under the false impression they could sell here this week and buy back in SPP at a discount to where they are selling. This week's trading levels are irrelevant to the calculation for SPP vwap
Correct, SPP opens next week.. Monday 28th. Closing Thurs 14th...
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Last
5.5¢ |
Change
0.003(5.77%) |
Mkt cap ! $404.2M | |||
| Open | High | Low | Value | Volume |
| 5.2¢ | 5.7¢ | 5.2¢ | $802.5K | 14.79M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 348447 | 5.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.5¢ | 1214875 | 6 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| IMU (ASX) Chart |