IMU 0.00% 8.2¢ imugene limited

Not if you keep being a puss about everything. Lightning high...

  1. 1,390 Posts.
    lightbulb Created with Sketch. 10525
    Not if you keep being a puss about everything.
    Lightning high speed algo access by the big boys to the asx feed means nothing to folks holding their shares for a financial outcome of Imugene. The big guys aren't "at war" with the little guys. The big guys entire M.O. is to find value proposition and accumulate as much as possible within their guidelines for investment. As their fundamental metrics are met, their buying limits will increase. They don't care if those shares come from retail or other big fish, they want a x amount and will get them at the cheapest price they can with whatever tactic they can. They aren't out to screw retail, that's just how it happens because retail are the ones that baulk at down moves like this and bail. Nothing has changed fundamentally for the company, this move is manipulation to accumulate, and its working.

    The big guys can't touch you if you buy when they buy and hold until the end, through all the frustrating games they play. When they have their fill according to the current fundamental environment, they no longer have a need to suppress or lower the price. Once those emotionless algorithms mechanisms are lifted (that is to say when they let it run) then these sort of moments will be long forgotten. We've been through this same cycle many times, the difference is our next bull run will make the last one look like a pimple
 
watchlist Created with Sketch. Add IMU (ASX) to my watchlist
(20min delay)
Last
8.2¢
Change
0.000(0.00%)
Mkt cap ! $600.2M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
3 22424 8.7¢
 

Sellers (Offers)

Price($) Vol. No.
7.7¢ 23896 3
View Market Depth
Last trade - 09.59am 06/05/2024 (20 minute delay) ?
Last
8.2¢
  Change
0.000 ( 0.00 %)
Open High Low Volume
8.2¢ 8.2¢ 8.2¢ 89457
Last updated 10.13am 06/05/2024 ?
IMU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.