Plenty of fake buys ready to be dropped to lower the price. I’m not saying IMU isn’t worth more, I’m noting my concerns around share price manipulation to lower to price to cover shorts.... and a lot of them we have! Any novice can see that a big player could use their own shares to get the price lower to cover approx 100million shorts.
I guess we could imagine that it’s a good opportunity to top up and just to wait for the action. Someone or some algorithm will be getting this price under 10c to cover their shorts.... they have approx $2Million worth of gains depending on it.
I pity the fool that ignores this.
DYOR This is not financial advice.
Plenty of fake buys ready to be dropped to lower the price. I’m...
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Last
4.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $357.0M | |||
| Open | High | Low | Value | Volume |
| 4.8¢ | 4.8¢ | 4.7¢ | $379.2K | 7.937M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 3773908 | 4.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.8¢ | 1293222 | 7 |
View Market Depth
| Last trade - 16.10pm 12/11/2024 (20 minute delay) ? |
| IMU (ASX) Chart |