Instead of continually diluting shareholders into oblivion,...

  1. 4,388 Posts.
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    Instead of continually diluting shareholders into oblivion, you've got to ask yourself why IMU doesn't consider something like this?

    https://hotcopper.com.au/data/attachments/7044/7044230-8d17a0fcdd520713be02a41e969485fd.jpg


    Market liked it...
    https://hotcopper.com.au/data/attachments/7044/7044179-109375b41263384f9afed215b1337775.jpg

    IMU are about to dilute holders again, and at today's price, it will be to the tune of ~24% for a measly ~$28m - less than they spent last quarter.

    "IMU intend on printing another 1.2B + 1.45B shares (Resolution 2 and Post-Consolidation raise). The current target is a max 25% discount to VWAP.

    At today's price, an extra 2,657,947,870 shares at 25% discount to 1.4c means 2.65B x 1.055c = $28,041,350 raised."

    Forecast SOI (slight discrepancies due to rounding).

 
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(20min delay)
Last
1.4¢
Change
-0.001(6.67%)
Mkt cap ! $104.5M
Open High Low Value Volume
1.5¢ 1.5¢ 1.4¢ $52.12K 3.603M

Buyers (Bids)

No. Vol. Price($)
87 20106800 1.4¢
 

Sellers (Offers)

Price($) Vol. No.
1.5¢ 7955684 30
View Market Depth
Last trade - 13.09pm 16/06/2025 (20 minute delay) ?
IMU (ASX) Chart
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