I Guess it depends on individual circumstances
Yes a 40% gain is pretty good - no one doubts that
We all no that so many stocks tank , go up & down ...or do nothing
But when a company sets its self up for some likely very compelling growth
the longer term mindset dictates to "stick with it " ( thats not to say that there are usually plenty of opportunities to trade in and out and take profits )
Different sectors have different metrics for growth - IMU is basically an R & D company developing assets that are pure IP
You dont need to look far to see what the players in that sector pay for the right IP
I guess the debate here is "whats the likelihood of the IMU IP really becoming worth what many of us think it will . I'm no expert on the space by any means ...but if you join the dots with what IMU are doing & look at the value metrics in space they are playing in ...the numbers are large . Add that to the progress made to date , and fo me its a pretty compelling argument to play the long game .
So what would your comment be to some one who had held CSL or FMG long term ? ...and so many other companies that have made it ( both of these example have afforded tons of trading opportunities along the way )
I will never understand why people sit by and watch a 40% increase in their share value and not capitalise on it.
Long term holders of FMG & CSL could have taken their 40% back when the share price was 10% of what it is now & Less . But I guess those long term dills are probably glad they didn't .
Back to IMU ..... I guess if someone doesn't understand it , or the IP & Tech etc ...they'll never really appreciate the potential upside .
Meanwhile its trades up and down - play the short game ...plenty of opportunities to make a bit of a profit ..what ever works .
WE wont know when we are there ....till we are there ..... and my view is the IP will end up being worth about 10 times the current market cap .... for starters
LOL
IMUGENE CHART. TA only, page-16187
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Last
4.8¢ |
Change
-0.002(4.00%) |
Mkt cap ! $356.9M |
Open | High | Low | Value | Volume |
5.0¢ | 5.0¢ | 4.8¢ | $382.1K | 7.853M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
62 | 8072405 | 4.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.9¢ | 668099 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
62 | 8072405 | 0.048 |
42 | 4769925 | 0.047 |
48 | 3419678 | 0.046 |
56 | 7053282 | 0.045 |
13 | 1913364 | 0.044 |
Price($) | Vol. | No. |
---|---|---|
0.049 | 668099 | 5 |
0.050 | 7065661 | 24 |
0.051 | 6165988 | 13 |
0.052 | 2459418 | 9 |
0.053 | 1858504 | 10 |
Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
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