Ok I am pretty sure I know what happened today.
IMU were about to enter global small cap biotech index on May 27/28? hence buying over the past week from those funds.
Maximum cap is 1.5billion so after 2 days we are now out. All those funds that bought to position had to sell already. Bizarre but that's what happened. At the auction , people on phones agreed stuff and bang 70 million + shares cross.
The buyers? Larger biotech index funds and someone...
IMUGENE CHART. TA only, page-1502
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Last
5.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $396.8M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.5¢ | 5.3¢ | $374.4K | 6.932M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 884300 | 5.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.4¢ | 759998 | 2 |
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| Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
| IMU (ASX) Chart |