Well in my defence of that comment, since my entry into IMU back when Noah had just finished building the Ark, management had put together a few very promising products and then built a team around them to progress those products into something quite substantial therefore the market agreed and grew the MC substantially. I thought that was a pretty good return to investors and I have been extremely grateful ever since.
Yes, the minute IMU became an ASX300 participant the mongrel machine has altered the dynamics drastically and the control of the SP has been compromised from what we once knew. I certainly get why current and recent investors (from late 2021 onwards) are anxious for want of a better word.
Think I’ll stick to the TA threads.
Cheers.
IMU Price at posting:
11.5¢ Sentiment: None Disclosure: Held
(20min delay)