Yes arjay,
They still represent great value for mine. I hold 20% of my IMU holdings in heads, with IMUOE's at 80%
This has allowed me to have more than twice the holdings I would have had otherwise. I even disposed of of an investment property, now holding more than 12 times of my initial holdings (three years ago), as one of my incentives in selling property. Interest rates are high and although capital growth in real estate is usually number one for mine. That's how optimistic I am about the prospects of IMU. I simply couldn't resist buying my IMU's at $0.052 and the IMUOE's at $0.022. I wouldn't suggest anyone should part with assets to acquire shares. However, having an investment I was struggling to service, made my decision easier for me. I believe I was in the right place, at the right time, with IMU's Share price being so low.
Today sees the IMUOE's de- risked partially (for mine), as their now trading above the $0.118 strike. which dosn't need to be exercised until August 2026. Hopefully IMU goes to $1.00 - The IMUOE's will always be aprox $0.12 behind the IMU's ($0.88) when this happens. But for now as their still so cheap, you can buy in with nearly twice the holdings.
-GO IMU!
Not Financial Advice - Opinions Only- DYOR
IMUGENE CHART. TA only, page-28398
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Last
5.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $382.1M |
Open | High | Low | Value | Volume |
5.2¢ | 5.3¢ | 5.1¢ | $525.2K | 10.13M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 92800 | 5.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.3¢ | 1045565 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 70000 | 0.052 |
31 | 3304831 | 0.051 |
67 | 5510210 | 0.050 |
18 | 2192645 | 0.049 |
21 | 798435 | 0.048 |
Price($) | Vol. | No. |
---|---|---|
0.053 | 1045565 | 9 |
0.054 | 3292324 | 10 |
0.055 | 791261 | 7 |
0.056 | 2579035 | 12 |
0.057 | 509484 | 7 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
IMU (ASX) Chart |
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