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
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $82.13M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.2¢ | 1.1¢ | $241.1K | 21.90M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 10802807 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 12254839 | 53 |
View Market Depth
| Last trade - 13.55pm 26/06/2025 (20 minute delay) ? |
| IMU (ASX) Chart |