You're not considering the dilution required to allow IMU to continue as a going concern.
+ 30.8m shares for Susquehanna (1.05B under the current Con Note funding agreement)
+ ~150m shares for funding obligations going forward (circa ~30c valuation as current 'consolidated' value sits at <58c)
Circa 400m shares already by the time 'consolidation' occurs IMO at which point it will trade around the rapidly diminishing cash value.
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Last
1.3¢ |
Change
-0.002(10.7%) |
Mkt cap ! $93.33M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.2¢ | $157.1K | 12.63M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 53 | 14871111 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 7432063 | 24 |
View Market Depth
| Last trade - 12.59pm 23/06/2025 (20 minute delay) ? |
| IMU (ASX) Chart |