I read a lot of frustration and angst on this thread.
Though It is understandable, it is unhelpful. Anyone invvesting in a micro bio-tech should not be surprised by capital adequacy issues, trial disappointments and trial successes that may take well over 10 years to evolve. Thhat is if the trial are succesful. If they are not, the entity will have collapsed well before then.
I am reminded of an un-named rare earths stock i invested in some 11 years ago. For the next 8 years it totally crushed the capital of shareholders and the SP went nowhere but down, though it sat on a REE resource that was worth 10 gold mines.
After much despair, frustration, management condemnations etc etc in the 9th year, it turned into a 20 bag stock.
I always feel for those who fall by the wayside, caught up in the angst of others.
Whilst IMU may not deliver a similar outcome, it appears to have the vital ingredients to do so.
I don't look too much at the SP because it will not affect my holding, though under 7c I am continuing to accumulate.
Each to their own, but please understand this is not CSL or COH>
GLTASH
- Forums
- ASX - By Stock
- IMU
- Why IMU is a multi multi bagger
Why IMU is a multi multi bagger, page-23914
-
- There are more pages in this discussion • 3,053 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IMU (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.9¢ |
Change
-0.004(7.55%) |
Mkt cap ! $368.1M |
Open | High | Low | Value | Volume |
5.3¢ | 5.3¢ | 4.9¢ | $1.061M | 21.17M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
52 | 6583733 | 4.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.0¢ | 150000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
57 | 8247029 | 0.049 |
98 | 15146593 | 0.048 |
64 | 12162300 | 0.047 |
38 | 3062167 | 0.046 |
57 | 3777328 | 0.045 |
Price($) | Vol. | No. |
---|---|---|
0.050 | 7279552 | 4 |
0.051 | 1536139 | 11 |
0.052 | 839209 | 8 |
0.053 | 1109458 | 7 |
0.054 | 1553225 | 10 |
Last trade - 16.10pm 15/10/2024 (20 minute delay) ? |
Featured News
IMU (ASX) Chart |
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
SPONSORED BY The Market Online