I guess you are a noob to investing, lets break it down, I invested 50K AUD on IMU and RAC at the same time this would have been the outcome when somebody sold at peak
RAC :Entry price (approximate): 1.20 AUD.Peak price (approximate): 4.00 AUD.Gain factor:4.00 / 1.20 ≈ 3.33×.Profit:50,000 × 3.33 ≈ 166,500 AUD total value.Profit = 166,500 – 50,000 = 116,500 AUD gain.
IMU : Entry price (approximate): 0.02 AUD.Peak price (corrected): 0.60 AUD.Gain factor:0.60 / 0.02 = 30×.Profit:50,000 × 30 = 1,500,000 AUD total value.Profit = 1,500,000 – 50,000 = 1,450,000 AUD gain.
This was the scenario for almost everybody who are having a buy status and held status IMU holders here, I am one of them and many you see gripe here are greedy naughty investors who thought they need more and did not cover their buys..
IMU is priming up for next run.. do your own research again dont be greedy and dont be stupid
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