Despite the fact that Sandminer's comments are often a little erksome in regards to IMA, I think he is spot on in this case. There is no doubt that IMA has a solid resource, and the other comments are all valid re the growth potential. But until some sort of plan to get to market is released there will be a continued decline i fear.
I posted my concerns when it broke a key support level at 70c and I now post the same concerns about the 40c mark being broken...albeit on low volume.
Yet, like you guys, I continue to hold.....though with growing concerns at the apparent lack of concern being shown by management. GFC aside, the SP has gone from a high of 2.50 to 38c without any negative news from the company being released.....on the contrary, the in ground resources has grown by an equivalent factor......
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Last
7.2¢ |
Change
-0.004(5.26%) |
Mkt cap ! $80.85M |
Open | High | Low | Value | Volume |
7.6¢ | 7.6¢ | 7.2¢ | $19.54K | 270.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 193989 | 7.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.4¢ | 30000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 36000 | 0.072 |
1 | 7100 | 0.071 |
2 | 71220 | 0.070 |
1 | 12000 | 0.068 |
1 | 126259 | 0.065 |
Price($) | Vol. | No. |
---|---|---|
0.074 | 30000 | 1 |
0.076 | 135402 | 1 |
0.077 | 37500 | 1 |
0.078 | 49297 | 1 |
0.080 | 53125 | 1 |
Last trade - 12.40pm 26/07/2024 (20 minute delay) ? |
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IMA (ASX) Chart |