I don't think the management is going to waste time, money and effort to do anything that has no bearing on the success of the company. A share price consolidation is one such thing. If anything, management would be concentrating on getting that first significant partnership going. Once that first deal drops, then IMU would be in a real different league. And that is what they would spend all their time and effort on.
And as @Matthehat said above, once the company has strong recurrence revenue, and if the share price is considered undervalued, they can then always do a share buy back.
That's a lot of volume going through today, page-20
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Last
4.9¢ |
Change
-0.004(7.55%) |
Mkt cap ! $364.4M | |||
| Open | High | Low | Value | Volume |
| 5.3¢ | 5.3¢ | 4.9¢ | $1.061M | 21.17M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 52 | 6583733 | 4.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.1¢ | 1287081 | 5 |
View Market Depth
| Last trade - 16.10pm 15/10/2024 (20 minute delay) ? |
| IMU (ASX) Chart |