IMP imperial corporation limited

resilience of imp

  1. 3,807 Posts.
    there is no doubt imp is resilient. 50 million shares dumped down to 1.2c. then back to 1.5 after the massive dump. yesterday, someone foolishly dumped 10 million shares, sending the sp down to 1.3 on close, without waiting for the quarterly and activities update tomorrow. today we are back to 1.4 (at time of writing) with a good sale of 650k gone through.

    this company doesnt trade on sentiment. imp seems to trade purely fundamentals, hence the resilience.
 
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Currently unlisted public company.

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