Under the radar is definitely one way to put it.
How I see it:
Many pre-Covid holders bought it a lot higher, and are taking a loss on any decent volume available.
There’s not enough new interest at the moment, but I believe that will drastically change.
-Company is basically at cash backing. No need to raise any time soon.
-Sales are back up, with expansion into new markets on the agenda. Current growth suggests profitability is not far off.
-US military contract due by mid next year (IMO it’s likely as we know the product works, and DoD have already invested significantly)
-Further new product trial results due soon.
With these points in mind I believe buying under 10c is a bargain. Hard to believe it will be below 15c come mid next year.
Under the radar, page-2
-
- There are more pages in this discussion • 36 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add IMC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $23.93M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.0¢ | 10.5¢ | $27.18K | 258.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 320829 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 4965 | 1 |
View Market Depth
| Last trade - 15.38pm 27/09/2024 (20 minute delay) ? |
| IMC (ASX) Chart |