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.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 267 | 6.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
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No. | Vol. | Price($) |
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1 | 267 | 0.064 |
4 | 751048 | 0.062 |
7 | 232408 | 0.061 |
20 | 1464146 | 0.060 |
18 | 460879 | 0.059 |
Price($) | Vol. | No. |
---|---|---|
0.054 | 53859 | 1 |
0.056 | 40619 | 2 |
0.058 | 140000 | 2 |
0.059 | 65232 | 4 |
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