IMC What happens Now

Well I was a bit surprised to see the speed of the placement in the US

I kind of figured they would take their time , feed off some good news
run the stock and do a placements equivalent to 30-40 cents Aus

Impressive the way it happened so quickly
Not so impressive the way the share price tanked
Interesting that 120,000 od IMRN's were traded though ( equivalent to some 5 mill IMC's .

Nothing much has changed for me in considering the upside
I still thnk it could be very substancial , and I think the future numbers can be very high
Travelan sales can get to 10 - 20 mill quite easily and way beyond .

I'd even stick my neck out and say a share price over the $1.00 mark is quite possible and probably a lot higher .

Not sure about the time table on any big news
It seems that Garry Glitter has a quite a few haters on that disallowed website
But they seem to come on in waves ....nothing for a couple of weeks
and lots on Friday .

I still think Garry has a bit to prove , and IMC will be how he does it .

Meanwhile I guess we are gunna have to suck it for a little while until things settle down .
If the stock tanks this week , I think I'll grab some more .

Happy wound licking guys

LOL

I guess people will be pretty cynical about the power of the Yanks that have joined the fold
since early last year . However IMC needs the global / US connections to prosper .