I am not prepared to sell any IMU.
The long period of time when the stock languished below 6c after the CR, was a great opportunity to average down. Hopefully many were able to do so, confronting the abyss of Investor despair.
Now in the green, l am happy to wait for the clinical trials to take their course and to back the research teams ongoing R&D.
This is an early stage recovery stock in my view. I expect volatility will continue between 10c to 12c until the price breaks out of that range. The catalyst would have to be a positive announcement, which if course cannot be guaranteed to come.
That uncertainty is the risk one takes of a bird in the hand or a flock of birds in a bush. This is a multi bag stock IMO, so l am betting on the flock.
GLTASH
IMUGENE CHART. TA only, page-30245
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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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STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
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