wisdomofsilence, this is my take on what's happening at the moment with the sp. And it is only a take as I have no real idea.
See that guy who is lined to sell at 6.3cents. It's a fairly large volume and is scaring the hell out of small investors. He probably bought the shares at the .5 of one cent mark and if he sells them he will come out with a significant profit. However, IF he sells, I believe that his aim would be to get back in at a lower price. His risk though, is that, if an announcement comes out of the blue, he may miss out or have to pay a little bit more. In his case, if he has to pay more to get back in, it probably would not worry him because he has already made such a big profit.
Anyway that is just one of my takes. I could dream up more.
is 6c the new bottom?, page-2
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add IMM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
40.0¢ |
Change
0.005(1.27%) |
Mkt cap ! $569.8M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 40.0¢ | 39.0¢ | $1.746M | 4.422M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7395 | 39.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.5¢ | 94636 | 3 |
View Market Depth
| Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
| IMM (ASX) Chart |