I'm a long time holder, but don't post much anymore, however I thought I would just add my observation from today's trading. At 2:55:30 a single purchase order for 5,000,000 shares was place (34 trades for a total of $297,946) Seems like a large fish jumped into our pond today and gobbled a heap of small fry. This is not normal retail behavior (in my opinion). Generally I don't believe that IMU is a leaky ship, but that sort of aggressive buying makes me wonder if us "small fry" are not yet privy to news pending very soon (just speculation on my behalf). I have attached a graph of today's trading volume vs time for interest, you will see some other volumes good size volumes around $30,000 but one does stand out from the rest!
Why IMU is a multi multi bagger, page-321
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Last
4.8¢ |
Change
-0.002(4.00%) |
Mkt cap ! $356.9M | |||
| Open | High | Low | Value | Volume |
| 5.0¢ | 5.0¢ | 4.7¢ | $2.298M | 47.86M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1925982 | 4.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.9¢ | 3452098 | 12 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| IMU (ASX) Chart |