Wasa,
I am bullish for all the medical reasons and for the valuation as well. LC stated a few months ago that IMU is trading just at a fraction compared to US listed peers despite being ahead of them regarding a drug to be trailed. And just looking at the recent lithium stock mania, if the market can push those stocks into the 50m-100m MC range without even having a certified resource then the market shouldn't hesitate to push up IMU at least towards 100m, about 5c.
I am patient, it doesn't matter to me when it happens - apart of the oppie expiry March'17 - but I often wonder why people throw their money at stocks with heaps of competition, hardly any proven results and an income, if ever, many many years away.
Anyway, happy if it closes at 1.3c instead of my predicted 1.6, but still 2 1/2 hours to go and who knows, if someone wants a decent stake in IMU than a 1.5% holding is still up for grabs up to 1.5c.
Wasa, I am bullish for all the medical reasons and for the...
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Last
4.5¢ |
Change
0.002(4.65%) |
Mkt cap ! $334.7M | |||
| Open | High | Low | Value | Volume |
| 4.3¢ | 4.5¢ | 4.3¢ | $732.0K | 16.76M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1799587 | 4.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.5¢ | 1003772 | 13 |
View Market Depth
| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| IMU (ASX) Chart |