I think the issue is that you really do need that BIG BIG catalyst to make the move and that catalyst would mean a very big re rate of the stock price which in turn would help with a NASDAQ listing. I believe that they are preparing for that eventuality.
One thing worth noting is that the company is USA centric and AUS is the funder so I would suggest that there would be US funds that are already invested in IMU that would prepared to get behind a NASDAQ listing.
Its the rules that I am not clear on but that only means I have to go do some reading
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Last
5.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $404.2M |
Open | High | Low | Value | Volume |
5.6¢ | 5.6¢ | 5.5¢ | $399.1K | 7.236M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 237625 | 5.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.6¢ | 749859 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 470 | 0.063 |
3 | 78179 | 0.060 |
1 | 5 | 0.059 |
4 | 23632 | 0.058 |
2 | 113735 | 0.057 |
Price($) | Vol. | No. |
---|---|---|
0.051 | 55411 | 3 |
0.052 | 67327 | 3 |
0.053 | 145254 | 4 |
0.056 | 814177 | 8 |
0.057 | 270444 | 2 |
Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
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IMU (ASX) Chart |