I’m surprised by your glum outlook. Going by the history after last 3 years IMU is up over 500%.
As one poster mentioned earlier a strong support is now being “cemented in” . It would be very good to jump up to .10-.20 range, but it’s more likely our next run will put us up over .08.
Who ever is disposing of a substantial holding is up over 50% since the last cap raise. A fund manager is happy to make 50%. Lock in some bonuses and head out for a long boozy lunch.
Buyers keep stepping up here. Is all good here.
Why IMU is a multi multi bagger, page-274
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Last
5.2¢ |
Change
-0.001(1.89%) |
Mkt cap ! $382.1M | |||
| Open | High | Low | Value | Volume |
| 5.3¢ | 5.4¢ | 5.2¢ | $216.1K | 4.106M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 1854997 | 5.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.3¢ | 382882 | 4 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| IMU (ASX) Chart |