You would think that if there is more interest than shares the price will stay above 52. But then there will be the flippers looking for a quick buck off the raise, selling into any rise. Might take a few months to work through the churn and 52 might be revisited more than once.
Alternatively they might drop another great ann which trumps all.
Basically toss a coin, who knows! I’ll be picking up what I can on the raise, that’s for sure.
IMM CHART / SP, page-69
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Last
34.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $493.8M | |||
| Open | High | Low | Value | Volume |
| 34.5¢ | 35.0¢ | 33.5¢ | $724.1K | 2.106M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 60483 | 34.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.5¢ | 55452 | 4 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| IMM (ASX) Chart |