The roller Coaster IMU ride - ENJOY IT

  1. 6,545 Posts.
    lightbulb Created with Sketch. 2062
    Wow - frayed nerves & IMU bucking and kicking like a mule on speed !! - 3.6 cents to 3.1 cents

    Big gyrations & if it goes to 2.5 cents the IMUOA's pretty much evaporate in value

    Lots of traders here have had a good run recently - so only natural that profits are being taken

    Has anything changed ? .......I suspect not .
    Has the theory and the potential upside changed ?...... I suspect not

    Fortunes are made or lost in this sector and long term horizons are blown away by short term expectations

    "ENJOY IT" - not such a perverse comment as it might seem - no one really enjoys losses
    paper or otherwise - but its just how it is in this sector - so you might as well enjoy it or
    go hold something else .

    The longer term upside if it all comes off is simply HUGE I think and these gyrations will look like
    Chicken Shite over time

    So stop the ball rubbing and rub something else !!!

    cheers

    VA
 
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(20min delay)
Last
1.4¢
Change
0.001(7.69%)
Mkt cap ! $104.5M
Open High Low Value Volume
1.3¢ 1.4¢ 1.2¢ $134.2K 10.31M

Buyers (Bids)

No. Vol. Price($)
8 1168170 1.3¢
 

Sellers (Offers)

Price($) Vol. No.
1.4¢ 9464131 33
View Market Depth
Last trade - 16.10pm 01/07/2025 (20 minute delay) ?
IMU (ASX) Chart
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