IMU 2.38% 8.6¢ imugene limited

Just for consideration.The BIO sector has also been decimated...

  1. 13,550 Posts.
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    Just for consideration.

    The BIO sector has also been decimated this week and in fact for the past few weeks. Therefore while there's been heavy selling (on IMU) with the sector in this shape then no-one is stepping up to put funds in. Money is either being taken from the markets (smart IMO) or looking for another sector.

    What's that saying........"Follow the money"?

    https://hotcopper.com.au/data/attachments/6113/6113674-a0b97f4e0dee1d62e570fcf9edfa93a6.jpg

    Weekly displaying the last three weeks.

    https://hotcopper.com.au/data/attachments/6113/6113686-8fb45a263caf4b194bd5437b020b022c.jpg

    PS. "Death Cross" incoming on the sector as well.

    Cheers
 
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