I did see some value there (imoe) and have contributed to some on the buying side.
Well my theory was you could almost double the QTY of heads at 5c which was last week and have plenty of time to convert if needed.
Now with the points that you have mentioned obviously we are all expecting a substantial rise in the SP heads, if all goes well and hence all these options can be great value even at current 6c...
With conversion price of I think 11-12 C, they should fly once we get the heads over 15c....
One thing is for sure that the Pharma sector which was expected to get some attention last year has finally started. Small bios have started moving up and looks like fund investors have started moving in...
Imo dyor
Why IMU is a multi multi bagger, page-19984
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Last
5.1¢ |
Change
-0.002(3.77%) |
Mkt cap ! $373.3M | |||
| Open | High | Low | Value | Volume |
| 5.2¢ | 5.2¢ | 5.0¢ | $669.7K | 13.07M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1074997 | 5.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.2¢ | 1209633 | 6 |
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| IMU (ASX) Chart |