IMU 3.53% 8.2¢ imugene limited

Big dump on close....no more ASX 200.So, we have 5 days trading...

  1. 395 Posts.
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    Big dump on close....no more ASX 200.

    So, we have 5 days trading left for the SP to increase the average for the VWAP calculation.... If my mediocre maths are correct, the daily close needs to be around 35% greater than today's close consistently, or better, across the next 5 trading days if the SPP is to come in approximately equivalent to the 8.4c paid by others.

    Maybe management has something up their sleeve for Monday morning? Well, if so, it better be something good....

    Perspective: Yes, the SP sucks at the moment and many of us have been left asking questions..... simple questions in many respects. But, as this is predominantly an Australian forum, be thankful that you don't live in Libya or Morrocco.

    This too will pass.

    gltah
 
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