Day by day IMU progresses further, the tax rebate is another nice cash improvement.
One could say the sp should never have reached 60c in the first place and is adjusting back to a more appropriate level but just by looking at US valuations a ten fold higher sp could be justified.
If we just had reached 35c today for the first time I think we all would be happy campers. But drifting back 40% from ATH leaves a sour taste.
GLTA
IMU Price at posting:
35.8¢ Sentiment: Buy Disclosure: Held
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