I would think a large amount of shares at a low price in a company that's very speculative, high volume, and has a track record of going backwards is a very attractive opportunity for short traders in comparison to a low SOI company with a decent record and average volume. It's not the shares on issue that matters it's the company itself imo.
Why IMU is a multi multi bagger, page-24905
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Last
5.7¢ |
Change
-0.003(5.00%) |
Mkt cap ! $440.9M | |||
| Open | High | Low | Value | Volume |
| 5.9¢ | 5.9¢ | 5.5¢ | $714.6K | 12.47M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 780335 | 5.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.7¢ | 982730 | 13 |
View Market Depth
| Last trade - 10.42am 24/07/2024 (20 minute delay) ? |
| IMU (ASX) Chart |