What shareholders tend to ignore is the psychology impact on management on managing a speculative penny dreadful stock.
For example, lacking of confidence to sell the business to large corporations, when you are representing a penny dreadful company at the international stage. Believe me, the Scientists are having difficulty of understanding the market capitalization, but the $ share price is often used as a success factor. Hard to convince our superior science to an executive of a corporation, when our company share price is still trading for a few pennies as a hidden gemstone ?
If I were Marc, I would be convinced to go for the consolidation ratio of 100:1, and make IMM the same
value as IMMP. Less confusing and should remove the pricing differences all together.
I do agree with what you’re saying mate. The current capital management advisory services, provided for our company management team haven’t been so great and could be further improving. Cheers
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Last
29.5¢ |
Change
0.005(1.72%) |
Mkt cap ! $428.5M |
Open | High | Low | Value | Volume |
28.5¢ | 30.5¢ | 28.5¢ | $469.8K | 1.579M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 297652 | 29.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
30.0¢ | 7500 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 267172 | 0.290 |
18 | 232142 | 0.285 |
29 | 1267072 | 0.280 |
5 | 181364 | 0.275 |
10 | 229898 | 0.270 |
Price($) | Vol. | No. |
---|---|---|
0.300 | 5000 | 1 |
0.305 | 196762 | 5 |
0.310 | 57067 | 3 |
0.320 | 6090 | 1 |
0.325 | 10000 | 1 |
Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
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IMM (ASX) Chart |