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
Not Financial Advice - Opinions Only - DYOR!
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5.6¢ |
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-0.004(6.67%) |
Mkt cap ! $411.5M |
Open | High | Low | Value | Volume |
5.9¢ | 5.9¢ | 5.5¢ | $1.481M | 26.09M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 400000 | 5.6¢ |
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Price($) | Vol. | No. |
---|---|---|
5.7¢ | 685507 | 4 |
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No. | Vol. | Price($) |
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2 | 400000 | 0.056 |
35 | 4509093 | 0.055 |
21 | 3126330 | 0.054 |
23 | 3881412 | 0.053 |
17 | 1361472 | 0.052 |
Price($) | Vol. | No. |
---|---|---|
0.057 | 685507 | 4 |
0.058 | 536198 | 4 |
0.059 | 472079 | 4 |
0.060 | 766014 | 9 |
0.061 | 1058769 | 7 |
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