No doubt these conversations have been ongoing with the institutional investor/s regarding the CR, if the company played it out as you say I’m sure the investors would start to look elsewhere to spend their money??
It doesn’t help IMM doing a CR at lower levels and management have skin in the game so they’re diluting themselves also?? so clearly they have little power/leverage though this process and are getting bent over as a result.
No doubt these conversations have been ongoing with the...
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Last
31.5¢ |
Change
0.005(1.61%) |
Mkt cap ! $458.1M | |||
| Open | High | Low | Value | Volume |
| 31.0¢ | 31.5¢ | 30.5¢ | $251.5K | 806.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 121215 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 2864 | 3 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| IMM (ASX) Chart |