Could get lower than 1.5c today depending on how rational / irrational holders act.
Rational: comparing how low IMU went to other stocks - if not that severe, maybe some will shift away from IMU - selling
But IMU almost 75% off the peak from last year, unlikely other fundamentally sound and cashed up stocks have been smashed that much down.
Irrational: Another record drop in US / Europe will send some over the edge - selling
OR: Holders realise it makes no sense to sell down even further and give up selling for the time being.
Unfortunately Corona currently puts all other diseases into the corner, wouldn't be surprised if even a huge HerVaxx update today wouldn't stop another sp fall.
Time will tell.
GLTA
IMU Back to Basics, page-24
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Last
5.1¢ |
Change
-0.002(3.77%) |
Mkt cap ! $379.2M | |||
| Open | High | Low | Value | Volume |
| 5.3¢ | 5.3¢ | 5.1¢ | $1.015M | 19.58M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 54 | 7835902 | 5.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.2¢ | 11705865 | 9 |
View Market Depth
| Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
| IMU (ASX) Chart |