IMU 6.78% 5.5¢ imugene limited

Hey slick appreciate your work mate. My observation is imu price...

  1. 884 Posts.
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    Hey slick appreciate your work mate. My observation is imu price movements are skewed towards the lower end of the band (predominantly). Regardless of the band we take, in the recent past (since it touched 15c briefly).

    For example we will take the 10c to 13 or even 12c. I can't count how many times it tested 10cents compared to a couple of 12 cents tag it does and b4 we blink, feels like some one kicked imu from a Piont 12c, here we go again languishing at 10 - 10.5.

    I am more inclined that it will break down as well like some other posters purely bcoz the sheer number of times it's testing the supply at 10c. Surely it's got to dry up some time. On the contrary it barely tested the other side of the band to know wats on offer at 12c and beyond.
    Any thoughts much appreciated
    DYOR
    SS

 
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