last night i did a fairly quick check of about 20 'australian asx biotechs' and all bar about 3 (csl, neu, tlx) had all gone down dramatically in SP over the last 3 years from their previous highs. ihl, ala, acw, avh, cuv, afp, agn, chm, imc, opt, cu6, occ, anr, hxl, arx, 4dx, kza, bot - to name but a few! ALL down between 50% and 90% (or more). a few articles gave fairly decent explanations for the drop (covid being one theory) and showed that some of these companies have started making comebacks lately. there seems to be a fairly strong belief that many biotechs will start to improve their situations throughout the remainder of this year and into 2024 and beyond. i'm no expert (far from it) but i think imu is not wildly different from many other biotechs at the moment. all having a hard time SP-wise but set up very well for a reversal. despite the massive amounts of doom and gloom around, i am still confident we will all be very happy with where we are in a few years time. patience my friends. and don't worry too much about what all these people here on HC say. i honestly believe virtually none of them really genuinely know what they are talking about! haha tongue in cheek. don't stress. happy to be shot down, but this is just how i feel. have a good friday one and all.
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Last
5.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $382.1M |
Open | High | Low | Value | Volume |
5.2¢ | 5.3¢ | 5.1¢ | $525.2K | 10.13M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 92800 | 5.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.3¢ | 1045565 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 70000 | 0.052 |
31 | 3304831 | 0.051 |
67 | 5510210 | 0.050 |
18 | 2192645 | 0.049 |
21 | 798435 | 0.048 |
Price($) | Vol. | No. |
---|---|---|
0.053 | 1045565 | 9 |
0.054 | 3292324 | 10 |
0.055 | 791261 | 7 |
0.056 | 2579035 | 12 |
0.057 | 509484 | 7 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
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