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5.4¢ imugene limited

Why IMU is a multi multi bagger, page-23648

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kisling1

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25/05/24

19:30

Post #: 74008703
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Originally posted by Steini: ↑

You guys are really blinded by a director selling.

1. He sold 75m shares at 49.5c to pay for his mansion. That deal was weeks in the making, you can't just buy or sell that property within minutes. He just took advantage of the high sp, who wouldn't have?

2. He sold to pay for taxes, there was a due date. No option to sell CHM or RAD as there wasn't the liquidity he would have needed. Plus, it takes 2 days to withdraw funds from sold shares, even Hopper can't get it faster.

3. When he took out the MacBank loan at 10c for 100m shares the sp was rising, why selling at 10c when possibly selling higher, as he did later.
The shares can't be sold or lent to others, no margin call either. Last year adjusted to 125m shares at 8c. No idea why not paid off but probably a better way for him. Again, got nothing to do with IMU.

Not defending Hopper, but Hopper selling shares is not a reflection of what's to come. If it was, then all directors would have sold.

GLTA

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"He just took advantage of the high sp"

Steini.
Mate.

IMU Price at posting: 7.0¢ Sentiment: None Disclosure: Held
4 Upvote

0 Great analysis

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(20min delay)
Last 5.4¢		Change -0.003(5.26%)		Mkt cap ! $395.2M

Open	High	Low	Value	Volume
5.5¢	5.7¢	5.4¢	$1.444M	26.24M

Buyers (Bids)

No.	Vol.	Price($)
24	3824179	5.4¢

Sellers (Offers)

Price($)	Vol.	No.
5.5¢	172983	1

View Market Depth

No.	Vol.	Price($)
24	3824179	0.054
13	2500789	0.053
20	1688241	0.052
23	3475256	0.051
64	4520234	0.050

Price($)	Vol.	No.
0.055	172983	1
0.056	1170000	3
0.057	2018516	13
0.058	2633548	15
0.059	4056569	12

Last trade - 16.10pm 27/06/2024 (20 minute delay)

IMU (ASX) Chart