It's unfortunate, but that's what dilution does to stocks like this. This is my most frustrating stock as well. I have IMU in my super, which I now cannot average down even if I wanted to (I haven't since late 2023, just prior to the crazy .04 to .15 cent run).
I'm just glad I don't own this in my personal investment accounts. I may become interested if there is a serious break of this downward trend, or possibly take up a trading position if it gets into the low .02s.
The real risk now is that there would have to be a high chance of a consolidation, hence why I'm reluctant to touch this. I'm not as stressed about my super, as I have 26 years until retirement.
IMU Price at posting:
3.3¢ Sentiment: Hold Disclosure: Held
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