It has been proven gazillions of times, holders control the sp, not buyers. If nobody sells the buyer's brain assumes a stock must be great, if people sell they conclude a stock must be crap, why else would someone sell.
Now as the big seller seems to have gone the sp can go up back to the pre-CR level. As long as the CR - Sophies keep their shares until a partnership or t/o has been announced the sp should continue to climb according to progress announcements. Looking forward to IMU announcing great EPD, hopefully before Christmas.
CR panic over - getting back to pre CR level
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Last
4.8¢ |
Change
0.002(4.35%) |
Mkt cap ! $357.0M | |||
| Open | High | Low | Value | Volume |
| 4.7¢ | 4.9¢ | 4.6¢ | $977.7K | 20.56M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 3232340 | 4.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.8¢ | 854027 | 4 |
View Market Depth
| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| IMU (ASX) Chart |