IMM 1.41% 35.0¢ immutep limited

I wonder (just an out of the box thought) if it might be the...

  1. 375 Posts.

    I wonder (just an out of the box thought) if it might be the best time to list.

    If we listed 3-4 months ago when things were looking better and the price was higher, those US N investors would now be sitting on a paper loss and would be waiting to see prices return to 'normal' (whatever that really is) to break even, make a percentage profit (big or small) or just accept a (reduced) loss.

    All that would mean that when the markets do start to recover there will a queue of people waiting to offload.

    If we list now the with a SP that is already quite deflated, we may see more people onload, or at least as market start to settle down and whilst that may not mean we see a price surge, it may at least mean that there will be a much stronger support under the SP preventing further declines if things start getting worse in the markets.

    I'm just saying that having N there now could give Prima extra support even if not a surge.

    On the other hand, maybe I need another coffee!
 
watchlist Created with Sketch. Add IMM (ASX) to my watchlist
(20min delay)
Last
35.0¢
Change
-0.005(1.41%)
Mkt cap ! $508.4M
Open High Low Value Volume
35.0¢ 36.0¢ 34.5¢ $486.2K 1.373M

Buyers (Bids)

No. Vol. Price($)
54 155856 35.0¢
 

Sellers (Offers)

Price($) Vol. No.
35.5¢ 359733 54
View Market Depth
Last trade - 15.07pm 19/08/2024 (20 minute delay) ?
IMM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.