jds1988,
I set up a sit and watch long term portfolio last October ( Just got in before Mask ann in November - phewww ! ). I had sold long held investment property on the back of crippling Land Tax etc etc. What I had left I threw 80% into YAL which has been magic. The remainder I purchased IMU and several Millions of IMUOE's, as a benefactor of the compulsory sell off (CR Debacle with free options, many weren't allowed to keep their Industry Supa IMUOE options).
I was contemplating selling some of the YAL's given their up from $5.00 now $7.17. However, that has no ethics as their one of the highest dividend stocks on the ASX. It would only be greed on my part. The IMU & IMUOE portion is back almost identically to where I bought them in October. YAL was a given for me, having engineered and manufactured mining machines over the past 38 years.
IMU I follow constantly and believe it's a no brainer for those who have the patience to hang around. The $0.63c we saw based on a FOMO pre revenue stock a couple of years ago, was a joke. I too was fooled at the time. However, what were seeing now is also oversold and a joke, in the opposite direction. Just on potential, it should be triple (for mine) but not much more or less, until great expected data or revenue drops !
Despite disappointment in the second quarter of this year surrounding transparency and news. That changes unconditionally over the next six months, should the data and news be good or bad - It's coming.
Hang in there. Any spare change is very very very well spent on IMUOE's (for mine) before awaited news drops, and we see a predictable rerate !
-GO IMU!O
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Last
5.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $373.3M |
Open | High | Low | Value | Volume |
5.1¢ | 5.2¢ | 4.9¢ | $1.384M | 27.31M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 1302118 | 5.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.2¢ | 528865 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 1302118 | 0.051 |
23 | 2527220 | 0.050 |
32 | 4193609 | 0.049 |
21 | 2253580 | 0.048 |
16 | 1124963 | 0.047 |
Price($) | Vol. | No. |
---|---|---|
0.052 | 528865 | 4 |
0.053 | 1121203 | 6 |
0.054 | 1966558 | 9 |
0.055 | 862370 | 8 |
0.056 | 433333 | 4 |
Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
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Adrian Costello, Executive Director
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