The reason for the 6cent SP is because people want the SPP price to be below the 8.4 cents asking price - remember the "5 day moving price".
Nothing more and complaining about the current SP means people are choosing to ignore that - or maybe can't grasp it.
I don't like the SP being pushed down - but I can understand why some investors would try to squeeze out a bigger return.
Have to sy that IMU offers terms in its CR's that e quite silly. There should havve been a firm set value. However, it is what it is and we can't change it.
Why IMU is a multi multi bagger, page-15959
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Last
5.9¢ |
Change
0.005(9.26%) |
Mkt cap ! $433.6M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.9¢ | 5.4¢ | $1.489M | 25.99M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 35252 | 5.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.0¢ | 1753430 | 24 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| IMU (ASX) Chart |