IMC 5.00% 10.5¢ immuron limited

Disgruntled long term holders

  1. 393 Posts.
    lightbulb Created with Sketch. 11
    I've been thinking about the many sales of shares in the last couple of weeks, even though the sp is still 50% higher. I believe many are simply disgruntled & stale longs who are happy to get out at breakeven. They are selling for emotional reasons & relief after being out of the money for a long time. They are not being rational & forward looking into the way the company has changed & that the positive results will create the platform for ongoing sp rises in the weeks & months ahead. There is at least a 300% increase available from here in 2018 alone. All that is going to happen is the sp will rise as new shareholders (without emotional baggage) who can see the value come onto the share register.
 
watchlist Created with Sketch. Add IMC (ASX) to my watchlist
(20min delay)
Last
10.5¢
Change
0.005(5.00%)
Mkt cap ! $23.94M
Open High Low Value Volume
10.5¢ 10.5¢ 10.5¢ $24.45K 232.8K

Buyers (Bids)

No. Vol. Price($)
2 100000 10.0¢
 

Sellers (Offers)

Price($) Vol. No.
10.5¢ 132932 2
View Market Depth
Last trade - 16.10pm 25/04/2024 (20 minute delay) ?
Last
10.5¢
  Change
0.005 ( 5.00 %)
Open High Low Volume
10.0¢ 10.5¢ 10.0¢ 108000
Last updated 13.28pm 25/04/2024 ?
IMC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.