Agree to disagree. If management is selling at 50C and keeps raising money at 20C it doesn't leave a good impression on the investors.
If the value is constantly going up and management decides to sell and raise money at a higher SP, it's understandable and the existing long term investors doesn't feel betrayed.
I started investing in IMU since 3C and have accumulated all the way up to 47C. I now feel stranded with my investment as it keeps finding the new bottom.
Whether it is the big fish playing in the pond or other evil interest but they are really good at what they are doing with the SP. They want to make it extremely boring stock to invest for retailers and wants us to leave. I have never seen any other stock which nose dives on a new positive development, it's just ridiculous how blatantly all this happens in ASX.
Agree to disagree. If management is selling at 50C and keeps...
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Last
5.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $431.8M | |||
| Open | High | Low | Value | Volume |
| 5.9¢ | 5.9¢ | 5.6¢ | $1.037M | 17.94M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1882949 | 5.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.9¢ | 399643 | 3 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| IMU (ASX) Chart |