Hi Dejaco,
Not only did the two ethics approvals come through, but IMU released their July newsletter, the sentiment of which was incredibly positive. The newsletter was released last week (I believe Wednesday, but could be wrong), and the following day saw some 30% increase in price, with further daily increases thereafter (bar one day, from memory).
As you and Ritzy have suggested, I also believe the SP has been long-undervalued. The newsletter stoked the fire sufficiently and momentum has ensued.
Clearly there is still so much potential, and we're really just at the start of the SP journey.
Cheers.
What is happening here., page-4
Add IMU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
5.2¢ |
Change
0.001(1.96%) |
Mkt cap ! $373.3M | |||
| Open | High | Low | Value | Volume |
| 5.1¢ | 5.3¢ | 5.0¢ | $516.5K | 10.06M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 549831 | 5.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.2¢ | 786321 | 10 |
View Market Depth
| Last trade - 15.57pm 04/07/2024 (20 minute delay) ? |
| IMU (ASX) Chart |