Funny you thinking that, I am also thinking the same as you. Maybe its time to lock in gains & to switch to ausdrill for a while, before buying back again to IMD.
I am not into charting, there's others here who really good so perhaps they can comment. If you plot IMD against ASL & asx200, both follow similar patterns: for YTD, IMD up 140%, asl up 40%. If you believe that mining exploration boom will continue, maybe its asl's turn next
You may want to stay with imd re dividend prospects, up to 2008, it looks like they were paying 3-4c pa dividends
I know all are supposed to DYOR but ...
Do you or others have comments?
Funny you thinking that, I am also thinking the same as you....
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Last
$2.22 |
Change
-0.020(0.89%) |
Mkt cap ! $1.136B | |||
| Open | High | Low | Value | Volume |
| $2.25 | $2.26 | $2.21 | $1.341M | 601.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4040 | $2.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.25 | 6770 | 3 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| IMD (ASX) Chart |