IMM Chart, page-41

well said Ahjay......

hang in their everyone....

if you can take advantage of the wild swings in the SP that are coming.. (it won't because of management) you should be able to trade some of your long held losses away... any accumulation under 40c is money well invested IMO...

for the mathematicians There are plenty of traders using leverage 100 t0 1 mostly... a 1c move is a lot more than a 1c move,, if you are going to do the math on how people trade leverage needs to be in the sums....

also this needs to be in the mix... https://thebull.com.au/5823-why-are-shares-quoted-to-3-decimal-places/ also market phasing based on ticker symbols alphabetically.... if a biotech firm gets hit hard in group 1 then traders will look to take advantage of it on symbols that start trading a few minutes later... figure out where IMM starts the morning....




I think when IMM breaks the $2 barrier in oz we will see a more stable share price.... (yeah yeah moonshot) IMO when the autoimmune conditions start receiving the attention they deserve (maybe covid will accelerate this) there is no reason that there should not be a major lift in the valuation of this company... hardly any shares outstanding are traded on a daily basis... the vast majority are holding.... a small number of shares traded can have a dramatic effect on the stock price, though this will not reflect the true sentiment amongst the majority of share holders...

in the mean time enjoy the ups and downs..... 3 to 7 years,, and 3 more beloved CR's...

for those in the the most sought after living location at the moment. Get ready for a cracking storm season in SEQ..... have a doona ready to cover your car...

so peaceful here now..