Great news, yes, but I wouldn't bank on a 'Monday jump'. IMU shares have been 'leant on' in the past couple of weeks, pretty obviously by funds anticipating the 200 and looking to Hoover up as many shares as cheaply as possible. In the absence of news, I would expect the SP to continue to be under short-term pressure.
Seriously, though, who cares about the short term? The trial results thus far are simply astonishing and Davy's detective work suggests they are about to get better. IMU is already a tightly wound spring and the tension is building, building, building ...
She's gonna blow. It's only a question of when.
OOO
Ann: S&P DJI Announces December 2021 Quarterly Rebalance, page-58
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Last
5.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $394.1M | |||
| Open | High | Low | Value | Volume |
| 5.4¢ | 5.5¢ | 5.3¢ | $817.0K | 15.17M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 4719788 | 5.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.4¢ | 453183 | 5 |
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| Last trade - 16.10pm 10/09/2024 (20 minute delay) ? |
| IMU (ASX) Chart |