Still a lot of risk. Although, a lot less risk from when the journey was started.
We have seen a meterioric rise in what seems like a very short period, but in reality many LT holders have held for many years with very modest returns...All the while thinking "when will the market see the potential here"..."Why doesn't the market see the value here?!"...."Maybe im wrong..?!"
What we are seeing here is the risk and return equation matching up better. Still inherant risk in the company due to its nature, and perceived risk if you buy at the top before a 'healthy' pull back. Time in the market here is key.
Im a FA investor, but have huge respect for the TA wizards here, so will stop myself here.
DYOR IMO
IMUGENE CHART. TA only, page-974
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Last
5.1¢ |
Change
-0.002(3.77%) |
Mkt cap ! $373.3M | |||
| Open | High | Low | Value | Volume |
| 5.2¢ | 5.2¢ | 5.0¢ | $669.7K | 13.07M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1074997 | 5.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.2¢ | 1209633 | 6 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| IMU (ASX) Chart |