The question to ask is, how many of the 470m shares were bought and sold in the last week? I suspect original volume is lower than 300m, lots of short term trading.
There's more like 5b shares in the market place when you factor in all of the new options and shares currently being issued.
At the rate IMU issue new shares/options they are more likely have around 6b shares on issue if/when its taken over.
The question to ask is, how many of the 470m shares were bought...
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Last
7.0¢ |
Change
-0.005(6.67%) |
Mkt cap ! $512.3M | |||
| Open | High | Low | Value | Volume |
| 7.4¢ | 7.4¢ | 7.0¢ | $2.443M | 34.23M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 53 | 3270437 | 7.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.1¢ | 551000 | 3 |
View Market Depth
| Last trade - 16.10pm 09/05/2024 (20 minute delay) ? |
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Last
7.1¢ |
Change
-0.005 ( 5.46 %) |
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| Open | High | Low | Volume | ||
| 7.3¢ | 7.3¢ | 7.0¢ | 14343085 | ||
| Last updated 15.59pm 09/05/2024 ? | |||||
| IMU (ASX) Chart |