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11.0¢ immuron limited

IMC foolish holders, page-43

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ckchristian

2,465 Posts.

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20/10/16

09:25

Post #: 19988945
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Originally posted by whittpa ↑

There are lots of sell orders, but not for much volume. Personally I don't think a pump makes sense, especially when you work out the trades;
Last Thurs 200k average of 29
Last Friday 200k average 29
Monday 500k average 36
So if a pump the average for 900k would be 32.88, so 33. Then on Tuesday another 200k bought at 36 & today ~200k at 35.25, so the average for 1.3mio shares is around 33.5. So it appears to me, that they buyer is slowly buying & trying to get them in quietly, but I expect supply at 35/36 has run out now, so best to pay for next chunk up to 42 which is another 220k at an average of 39, that is without short termers stepping in & selling more on the way to 42, which they surely will. They buyer is smart & the sellers just seem happy to sell here just because they're in profit. In my opinion, Very silly selling at these prices equating to $35mio. As any major Pharma would probably pay $300mio for us today, & after interim maybe $700mio & after phase 2b $2billion to $3billion. Just my opinion, referencing our position in the Fatty liver picture, versus peers.

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Yesterday's trading activity has accumulation all over it... More for me today! IMO

IMC Price at posting: 35.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 11.0¢		Change 0.005(4.76%)		Mkt cap ! $25.07M

Open	High	Low	Value	Volume
11.0¢	11.0¢	11.0¢	$2.53K	23K

Buyers (Bids)

No.	Vol.	Price($)
4	140596	10.5¢

Sellers (Offers)

Price($)	Vol.	No.
11.0¢	210068	2

View Market Depth

No.	Vol.	Price($)
4	140596	0.105
4	257605	0.100
1	10101	0.099
1	52520	0.095
1	9695	0.092

Price($)	Vol.	No.
0.110	210068	2
0.115	100000	2
0.120	183000	2
0.130	96381	6
0.135	278000	2

Last trade - 15.03pm 22/08/2024 (20 minute delay)

IMC (ASX) Chart

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