Just a reminder that the last time IMM share price was at these levels on a rising trend was 2009. I think the chart shows similarities. The share price rose over a two year period to over $4.00.
Fundamentally I see no reason why that can’t happen again if results stay on the positive trend. It may take a bit longer this time. I’m targeting $4.00 + within three to four years as a rough estimate.
IMM CHART / SP, page-168
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Last
29.5¢ |
Change
-0.040(11.9%) |
Mkt cap ! $428.5M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 33.0¢ | 28.0¢ | $7.278M | 23.75M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 53192 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 41048 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| IMM (ASX) Chart |