IMC 4.44% 9.4¢ immuron limited

IMC back to 60c plus, page-5

  1. 146 Posts.
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    We could go lower for the next few days, unless there is a price sensitive announcement around DoD progressions or otherwise.

    In my view, management got what they were looking for in the form of price sensitive announcements to collect their cash. I wouldn't hold my breath on any announcements being made this week because of that, as with a cash buffer they have a bit of breathing and wiggle room to decide their next steps. The sense of urgency probably isn't what it once was from their perspective.
 
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