Replying to @johndprent, sorry my "reply to" got broken...
Yes let's hope we get the full amount over the line in the SPP, or at least a very good chunk of it. If we can do that I agree it could give a great boost to sentiment (in addition to any of the other news that could drop).
Interestingly enough, Race's $30M raise at the current market cap of ~$500 million is very close in proportion to the last raise that IMU did. At the time of that $90 million raise, the IMU share price was around 30 cents and they had a market cap in the order of $1.5 billion. Approximately 3 months after completion of that raise, IMU had more than doubled to well over $3 billion in market cap (though they have taken a decent haircut in the last few weeks).
Replying to @johndprent, sorry my "reply to" got broken...Yes...
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$1.68 |
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Mkt cap ! $289.6M | |||
| Open | High | Low | Value | Volume |
| $1.57 | $1.72 | $1.57 | $497.5K | 300.9K |
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.70 | 2000 | 1 |
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