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4.84%

5.9¢ imugene limited

Thanks for that mate, appreciate your thoughts.

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GinoE

747 Posts.

290

05/12/23

11:52

Post #: 71276887
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Thanks for that mate, appreciate your thoughts.

Originally posted by Stevious1: ↑

The way I understand it is that the 8% isn't the issue as they have already sold and taken their short position hoping for a lower price to buy and close their short position. This may effect sentiment though. The problem is funds and instos with very large holdings that have the power to sell down massive amounts, trigger stops, lend more out for further shorting etc. Perhaps they work together with shorters by creating negative sentiment, big sell down, create panic, trigger stops, then buy back up to accumulate. Very lucrative if we're talking about the kind of volume they play with.
But that is just my limited understanding, may be wrong. I wouldn't even know how to go about opening a short

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IMU Price at posting: 9.1¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 5.9¢		Change -0.003(4.84%)		Mkt cap ! $433.6M

Open	High	Low	Value	Volume
6.1¢	6.3¢	5.8¢	$2.926M	48.68M

Buyers (Bids)

No.	Vol.	Price($)
9	1489666	5.8¢

Sellers (Offers)

Price($)	Vol.	No.
5.9¢	1250588	5

View Market Depth

No.	Vol.	Price($)
9	1489666	0.058
12	2525100	0.057
10	1675188	0.056
29	1585841	0.055
12	1712899	0.054

Price($)	Vol.	No.
0.059	1250588	5
0.060	1203650	5
0.061	1085719	7
0.062	1217390	4
0.063	914014	7

Last trade - 16.10pm 04/09/2024 (20 minute delay)

IMU (ASX) Chart