Why IMU is a multi multi bagger, page-26385

I Like John428’s assessment (posting on Cettire, CTT) as it is similar to my own - how selfless and charitable of all these posters who don’t hold IMU to offer their knowledge and expertise regarding IMU’s shortcomings to all long shareholders. Do they offer this service to the full list of securities on the ASX that they equally don’t hold? Or is it more likely that they just want your shares cheaply? Especially given ASIC's effectiveness as regulator has been so atrocious that the parliamentary inquiry chaired by Senator Andrew Bragg recommended it be abolished (ASIC investigated less than 1% of reports of market manipulation it received).
So there you have it, the ASX doesn't have a regulator. Institutional investors can be trusted to abide by the Corporations Act and ASX listing and operating rules can't they? Nothing like the banking royal commission where banks were billing dead people could happen here could it? s792 of the Corps Act talks of a "fair, orderly and transparent market", and it's a requirement under institutions' AFSLs. So flash trading, dark pools, pump and dumps, poop and scoops, shaking trees, placing orders in quarter cent increments from 10 cents to $2 (retail can only place in half cent increments), selling left hand to right, the pantomime in trading from 3:55pm to 4:10pm where white collar criminals fix the price safe in the knowledge that the enforcement arm of ASIC can barely dress itself.... when the recommendations for a twin peaks model are implemented and the ASX gets a regulator for the first time in 15+ years that knows what they are doing and sends a few directors to gaol (noting that market manipulation offences carry 15 years' per offence... so 10 manipulative trades in a minute is 150 years' gaol), the big end of town will realise the party is over. Number of people who have served 15 years' gaol under s 1041?...ZERO! The ASX is almost as bad. ASIC and the ASX standing side by side with Centrelink make Centrelink worthy of a halo. The fines metered out by ASIC aren't even a slap on the wrist. To illustrate how big the fines would need to be to hurt institutional investors, recall the two(?) traders from the JP Morgan gold desk who were sent to jail for manipulating the gold price over a 10 year period? JP Morgan were fined USD $920m that was seen as a lot. That was three days' PROFIT for JP Morgan's gold desk.
JPMorgan to pay $920m in largest-ever spoofing settlement (ft.com)