IMU 0.00% 5.2¢ imugene limited

strong demand between 11.5 and 10.0c ... Is the "market" going...

  1. 624 Posts.
    lightbulb Created with Sketch. 2727
    strong demand between 11.5 and 10.0c ... Is the "market" going to gift all 260 orders for 20 million odd shares such a bargain, or will they have to pay up?
    What goes through the sellers minds at these levels i wonder??
    Clearly somewhat disconnected from the underlying fundamentals of the company and the likelihood of a Big Pharma licensing deal. Back off and we'd be at 18c in the blink of an eye. Suspect we could see a sharp reversal soon.
    https://hotcopper.com.au/data/attachments/2722/2722854-85a3192799e321998019547d2ed9a04a.jpg
 
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3 92800 5.2¢
 

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5.3¢ 1045565 9
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