It's a good question and something we have spent a lot of time on of late. Don't want to sound negative but in my opinion many still see this as a risky play and that there are safer trades elsewhere.
In recent weeks there really have been some great stocks for daily or short term trades, the ASX is a broad playing field with so many opportunities. Many traders would have heard or seen scans of IMU however not being aware of much, overlooked it with the SP being very toppy, very high SOI and a risky Bio. (again not wanting to sound negative).
Many are also wounded from other recent failures amongst Bio's.
However where the traders have moved away, the insto's have filled the void but they come with their issues as well which are sometimes frustrating but I'm sure glad their here.
No, I don't see current volume as a problem, I'm sure you were around when the SP was under 2 cents and for many a time the volume hardly went over 1 million. Fun and games then.
Cheers
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Last
8.2¢ |
Change
-0.003(3.53%) |
Mkt cap ! $600.2M | |||
| Open | High | Low | Value | Volume |
| 8.5¢ | 8.6¢ | 8.2¢ | $1.246M | 14.84M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 446526 | 8.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.3¢ | 535664 | 2 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
8.2¢ |
Change
-0.003 ( 2.38 %) |
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| Open | High | Low | Volume | ||
| 8.6¢ | 8.6¢ | 8.2¢ | 4518456 | ||
| Last updated 15.57pm 03/05/2024 ? | |||||
| IMU (ASX) Chart |