I have looked back over the buy/sell ratio and Share price of IMU from the 26/2/09 and found the folowing:
On the 26/2/09
The Buy/Sell ratio was 9 buyers per 10 sellers
and the Share price at that stage was around 7.5c
The buy sell ratio from that point onward, has constantly maintained an upward momentum.
On the 8/4/09 (3 weeks ago)
The Buy/Sell ratio was 14 buyers per 1 seller.
and the Share price at that stage was around 6.8c.
The buy sell ratio from that point, constantly maintained its upward momentum.
On the 15/4/09 (2 weeks ago)
The Buy/Sell ratio was 20 buyers per 1 seller.
and the Share price at that stage was still around 7.5c.
This was even before there was a sniff of this Pig Flu Virus!!!
It looked like IMU at that point was poised to FLY without any mention of a virus.
Today is the 1st time since February that there have been less buyers than sellers.
I think there were a couple of over reactions today. (UP & DOWN)
But the Buyers/Accumulators trend of IMU was definately on a big upward push before this Pig Flu Virus was even mentioned.
Watch this space!!!!!
dont write imu off.
Add IMU (ASX) to my watchlist
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Last
5.7¢ |
Change
0.002(3.64%) |
Mkt cap ! $417.2M | |||
| Open | High | Low | Value | Volume |
| 5.6¢ | 5.9¢ | 5.5¢ | $1.176M | 20.89M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1135235 | 5.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.8¢ | 477220 | 6 |
View Market Depth
| Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
| IMU (ASX) Chart |