Hi @TheAnalyst007. re your statement "Regular punters who hold a few shares though will look at the premium to the current price and will lick their lips at the thought of it." There are many who bought in at a higher price and would NOT be licking their lips at all. They would be looking at making a profit on their investment. Sure, some investors bought in at a far lower price and 30c would be a good return on their investment. However, I believe many have already had the opportunity to cash in and have not done so because they see far greater rewards down the track. I am one of those and I would NOT be happy with just a 300% premium. Way undervalued IMHO.
Why IMU is a multi multi bagger, page-20030
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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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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| IMU (ASX) Chart |