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
33.3¢ |
Change
0.008(2.31%) |
Mkt cap ! $475.7M |
Open | High | Low | Value | Volume |
32.5¢ | 33.3¢ | 32.0¢ | $526.1K | 1.613M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 270458 | 33.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
33.5¢ | 571188 | 20 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
26 | 99196 | 0.325 |
17 | 122073 | 0.320 |
11 | 108245 | 0.315 |
10 | 124888 | 0.310 |
10 | 128028 | 0.305 |
Price($) | Vol. | No. |
---|---|---|
0.330 | 279221 | 35 |
0.335 | 497588 | 16 |
0.340 | 1243692 | 9 |
0.345 | 76100 | 6 |
0.350 | 549922 | 7 |
Last trade - 15.32pm 01/10/2024 (20 minute delay) ? |
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IMM (ASX) Chart |
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