IMU 7.27% 5.1¢ imugene limited

Very sick looking chart with almost 6 times as many sellers as...

  1. 911 Posts.
    lightbulb Created with Sketch. 164
    Very sick looking chart with almost 6 times as many sellers as there are buyers. 10.5c looked like a base but now has taken a bit of a downward spiral which could see it back in the 8c levels of even lower down to the 5c region where the next support level appears to be.

    Of course this could all change if there is a positive announcement. These days any IMU announcements which are not related to positive efficacy results, results in a negative reaction by the market, even if the announcement is in general positive.

    So what is needed is updates on trials which demonstrate strong positive efficacy. If such announcements are not coming any time soon, then the share price will continue to drift lower. God help us if there is any negative news as this will definitely see the share price back to new lows.
 
watchlist Created with Sketch. Add IMU (ASX) to my watchlist
(20min delay)
Last
5.1¢
Change
-0.004(7.27%)
Mkt cap ! $373.3M
Open High Low Value Volume
5.5¢ 5.5¢ 5.0¢ $1.762M 34.10M

Buyers (Bids)

No. Vol. Price($)
5 673000 5.0¢
 

Sellers (Offers)

Price($) Vol. No.
5.1¢ 885816 4
View Market Depth
Last trade - 16.10pm 02/07/2024 (20 minute delay) ?
IMU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.