Not sure your logic is correct.
If you buy 535,714 new IMU heads outright at .118 it will cost $63,214.25
If you sell 535,714 IMUOE @ .059 you will realise $31,607.11. If you use this to buy heads on market at .115 it will get you 275,844 heads, not 535,714.
Why IMU is a multi multi bagger, page-21485
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Last
5.5¢ |
Change
-0.002(3.51%) |
Mkt cap ! $402.5M | |||
| Open | High | Low | Value | Volume |
| 5.7¢ | 5.7¢ | 5.4¢ | $1.042M | 18.87M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 628179 | 5.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.6¢ | 897037 | 6 |
View Market Depth
| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
| IMU (ASX) Chart |