IMM 3.57% 43.5¢ immutep limited

Most stocks have a similar buy sell side that falls within a 0 -...

  1. 2,976 Posts.
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    Most stocks have a similar buy sell side that falls within a 0 - 20% range differential.

    Some stocks have more sellers than buyers, yet they still go up.

    An example is SDL. Was sitting at 10c. Had shot up to 66.5c in a matter of week and naturally pulled back to the 50s. Everyone is saying "buy it on weakness, it has huge potential". At the moments it's Buy side is 572 buyers for 25038227 units. Sell side is 748 sellers for 34974682 units. i.e. more sellers than buyers but it continues to surprise.

    That brings me on to PRR. The buy side compared to the sell side is huge when comparing it to other stocks. I know some people will say it might be dummy bids etc. Whilst that might be true, every company has dummy bidders, so we are in the same boat. Buy side 1219 buyers for 51507867 units. Sell side 292 sellers for 19733242 units. I can't recall a company having such a strong buy side vs the sell side.

    That tells me this stock barring any unexpected bad news has only one direction to travel in - UP. Day to day we might gain 1c or lose 1c. That is to be expected. However in one years time when we are sitting much higher than we are now, and you look at it's chart, you are not going to see the daily 1c drops or gains. You will only see an upward travel line marking the beginning of a new era for this company.

    Good luck all holders. I am sitting on a very nice profit from this company having got in at 5c a while back. There is no way I am selling before it hits 3 figures. I missed out on Paladin going from 1c to $11+. I missed out on SFR's rise from a few cents to $7+. I have a feeling it's third time lucky with this one.
 
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Last
43.5¢
Change
0.015(3.57%)
Mkt cap ! $631.8M
Open High Low Value Volume
41.5¢ 44.0¢ 41.5¢ $1.416M 3.301M

Buyers (Bids)

No. Vol. Price($)
3 38735 42.5¢
 

Sellers (Offers)

Price($) Vol. No.
43.5¢ 41215 1
View Market Depth
Last trade - 16.10pm 26/06/2024 (20 minute delay) ?
IMM (ASX) Chart
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