"At the same EGM, shareholders will also be asked to approve a Resolution authorising the
Board to issue up to 1.2 billion new shares (pre-consolidation) within a three-month
window following the meeting."
That is exactly what he did at CHM in May / June '24. 3 months window, price based on VWAP and in September came the near collapse of the company as the lined-up fund providers bailed.
It will end up exactly the same way at IMU.
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Last
28.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $80.77M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 28.0¢ | 27.0¢ | $461.4K | 1.681M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 27.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 134437 | 7 |
View Market Depth
| Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
| IMU (ASX) Chart |