IMU

5.56%

5.7¢ imugene limited

there has been a lot of selling, very few by retailers. Even us...

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22/08/23

22:09

Post #: 69488585
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Originally posted by Taureanbull: ↑

Microcapguru , You being a veteran campaigner with NEU like Zior, have seen all this before., It’s from the same playbook, All the punters who don’t understand Biotech dive in when it’s looking good. Many do t have a clue what the company’s objectives are. They don’t understand that high quality people are of equal importance as high quality science. IMU and NEU had bothe the science and people in spades., Casting back to 2019 every mu punter and his dog turned up on the NEU register, they thought it was the 1853 Gold Rush all over again, Richard Treagus negotiated a fantastic deal with ACAD, a backend deal. The punters went berserk.. Just like many here this last week., They wanted their winning now,. They wanted The Chairman’s head on a spike, Just like IMU today. So they dumped their shares and dumped them hard. Just like this week at IMU.

The share register at NEU was dominated by small retail holders until then. But after the retail holders had dumped, the big funds stepped in nd started mopping up the shares. First in was Karst Peak, but soon followed by others, Then the steady climb began as the funds wanted more nd more. They could see where it was going, Treagus left NEU with enough cash and a very good partner for the drug. So here we are again in the same circumstance making a replay of NEUs experience.

And we will see the same scenario play out. The big funds will come into the register, by stealth. It won’t show up until they lodge a subs notice. By the it’s tooo late for the punters to get in.

This is going to be a far bigger story and far less predictable. This is where cool heads will make a killing. Taking shares off the mugs.

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there has been a lot of selling, very few by retailers. Even us dumb retailers who have no clue about company objectives can see that.

IMU Price at posting: 6.9¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 5.7¢		Change 0.003(5.56%)		Mkt cap ! $417.2M

Open	High	Low	Value	Volume
5.5¢	5.8¢	5.2¢	$2.499M	45.00M

Buyers (Bids)

No.	Vol.	Price($)
2	1921794	5.6¢

Sellers (Offers)

Price($)	Vol.	No.
5.7¢	1368288	7

View Market Depth

No.	Vol.	Price($)
5	286362	0.055
9	2036888	0.054
16	2736044	0.053
20	1943436	0.052
23	3206056	0.051

Price($)	Vol.	No.
0.057	378902	2
0.058	1552127	7
0.059	837099	8
0.060	2176188	16
0.061	1163926	6

Last trade - 16.10pm 28/06/2024 (20 minute delay)

IMU (ASX) Chart

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