If you have a look at the volumes traded this morning. There's been just over 20m shares change hands. I suspect half of those are the institutions buying back in. They would have already purchased back 50% of the shares they sold yesterday at $0.10c and picked them back up with a 5% discount. All the while they have buyers running scared, with those in a panic handing over their shares.
Don't fall for it - Hold tight news is imminent!
-GO IMU!
Not Financial Advice - Opinion's Only - DYOR!
IMU Price at posting:
9.6¢ Sentiment: Buy Disclosure: Held
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