IMU 0.00% 8.4¢ imugene limited

Nothing as a company, but maybe a lot from an investment...

  1. 256 Posts.
    lightbulb Created with Sketch. 94
    Nothing as a company, but maybe a lot from an investment perspective as an part of the broader speculative asset class with crypto being the largest and most widely traded speculative asset. The correlation between price movements in IMU and Ethereum from the covid sell off in 2020 to around march 2023 is pretty uncanny. IMU has since diverged from ETH/BTC, but maybe over the last 5 ish weeks IMU is benefiting from the speculative tail winds??

    Correlation of course does not equal causation so obviously fundamental changes to IMU will move price independently of the sentiment in speculative assets, but positive developments will be amplified in times of risk off speculation.


    https://hotcopper.com.au/data/attachments/5754/5754292-c9ae37c0f31ad075e1a377ebb0da0ff4.jpg

 
watchlist Created with Sketch. Add IMU (ASX) to my watchlist
(20min delay)
Last
8.4¢
Change
0.000(0.00%)
Mkt cap ! $618.5M
Open High Low Value Volume
8.3¢ 8.6¢ 8.3¢ $385.2K 4.563M

Buyers (Bids)

No. Vol. Price($)
17 678222 8.3¢
 

Sellers (Offers)

Price($) Vol. No.
8.4¢ 166002 6
View Market Depth
Last trade - 11.26am 02/05/2024 (20 minute delay) ?
Last
8.3¢
  Change
0.000 ( 0.36 %)
Open High Low Volume
8.4¢ 8.6¢ 8.3¢ 3045887
Last updated 11.46am 02/05/2024 ?
IMU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.