Yep hotdogrob,
Dual listings can be the making or breaking of any business. I cannot see anything other than green pastures should IMU gain a dual listing with the NASDAQ & ASX.
The ones that go under are those which have little foundations and capital. IMU not only has capital, but a treasure-trove being developed with IP and more than 5 Oncology assets being developed and researched- in an industry of 100s of billions $ each year.
Have a look at todays market. If Shorters are 4-6% of our turnover, that would probably be the difference between them determining a slight gain or loss to the SP.
Even with say 50M shares traded daily, our turnover is still aprox $5m per day- in busy times following good news.
I wont compare country towns because I love them all too much- However, forget shorters if we get on the NASDAQ the volumes of trade would be in the tens of millions of $ every session. It would be like comparing the income from a 10 seat harbor cruise with an ocean liner!
Consolidation would also benefit in my opinion- But that's for another day should thing's evolve down this path.
After today I'm just as excited about the dual listing possibilities as I am of IMU's pending news !
It all just keeps getting better. I believe I'm seeing once in a life time opportunities around all of us, with IMU !
I believe IMU can and will- rival the growth of Poseidon !
-GO IMU!
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24 | 3409863 | 0.049 |
25 | 1170279 | 0.048 |
5 | 565950 | 0.047 |
10 | 631260 | 0.046 |
Price($) | Vol. | No. |
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0.052 | 921120 | 4 |
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