The whole existence of the stock xchange is to enable companies like IMU to quickly access capital from the public.
If you require guaranteed ROI on your investment, then you need to put your money in a term deposit or buy government bonds where it is likely to yield positive return in 18 out of 20 years. It is scary to read some people on this forum lack basic financial literacy, asset allocation and risk aversion. Your behaviour on this forum is encouraging traders to IMU and contributing to their success.
The whole reason IMU share price (not intrinsic value) is where it is today is due to fund managers and institutions being massively underweight equities, particularly things that are rate sensitive, interest rate sensitive, war sensitive, technology and the like.
IMU is not a non-profit organisation nor is it being run by volunteers. Innovative and disruptive assets and world class management need to be adequately renumerated and supported all the way to commercialisation. Today's AGM result was disappointing to say the least. But I trust LC. PH, management and esteem scientists on IMUs SAB are resilient, professionals, and have their focus on the main goal!
cheers!
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Last
8.2¢ |
Change
-0.003(3.53%) |
Mkt cap ! $600.2M |
Open | High | Low | Value | Volume |
8.5¢ | 8.6¢ | 8.2¢ | $1.246M | 14.84M |
Buyers (Bids)
No. | Vol. | Price($) |
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4 | 446526 | 8.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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8.3¢ | 535664 | 2 |
View Market Depth
No. | Vol. | Price($) |
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4 | 446526 | 0.082 |
15 | 908661 | 0.081 |
15 | 722724 | 0.080 |
13 | 1492987 | 0.079 |
11 | 971909 | 0.078 |
Price($) | Vol. | No. |
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0.083 | 535664 | 2 |
0.084 | 1058309 | 7 |
0.085 | 2214121 | 10 |
0.086 | 1338173 | 8 |
0.087 | 1140229 | 4 |
Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
8.2¢ |
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Change
-0.003 ( 2.38 %) |
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Open | High | Low | Volume | ||
8.6¢ | 8.6¢ | 8.2¢ | 4518456 | ||
Last updated 15.57pm 03/05/2024 ? |
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IMU (ASX) Chart |