Hi GinoE, AIMO of course, and take with a pinch of salt.
I wrote a post last year and got 'laughed' at, admitted I underestimated the intelligence on the IMU threads and didn't write it well enough, but the facts remain. I believe people under estimate the fact that it is a Bio Spec stock and don't hold enough testicular fortitude to play in this area. The SP is horrible sure, but it is in the Orphan Phase of the Lasonde Curve, but the in Biotech field. We have to wait and wait some more until the data supports a higher SP and thus creating interest from a BP. I also said if people can't handle the daily fluctuations then they should be in CSL or an EFT etc.
Peoples money is precious at the moment and would assume that if they did want to trade it would be in the gold space......look at todays POG!
My last post stated 050, as this is the trading range, it has NOT broken, so far, so all is fine.
Re your points above, the BB's need to reset after the pump 2 weeks ago. Now an outlier.
RSI is watch and wait. MACD is pointing down. Also look at the volume, back into the retail trading range.
May get a tail to 049? This is a strong channel now.
So for me, sit and watch. We are not at the end of '24 beginning of '25 yet and data is expected, it requires a lot more patience.
Hang in there. oh, re the CR, well dilution is also part of the Bio Spec game, just gotta accept it. Whilst the SOI is ugly, a BP will still bid and get a bargain!
Slighly differing view to others maybe, but have much experience in the spec mining area and this is their playbook to a T. Just drills, not needles.
