Over the last three days, volumes have increased to about 1.5m shares.
A break above the 1.2c level should push this stock higher.
Today they opened a new entitlement for shares on a pro-rata 1 for 1 basis for shareholders as at 22 January. Issue price .5c.
IMP are a 6% shareholder in BMX (Bemax) which is currently merging projects in the Murray Basin area. They are developing a mineral sands operation which should generate $2 billion over mine life of 22-25 years.
Add to My Watchlist
What is My Watchlist?