Taureanbull: "The crazy part is, if IMU was sitting on a lithium or cobalt deposit the could sell US $480Bn a year of product, $100 wouldn't buy you a share."
Taureanbull/others: That is not that crazy but in a way quite logical IMHO: The ASX does UNDERSTAND how to value MINING but has absolutely NO IDEA about how to properly value PHARMA/BIOTECH shares...
But one can also look at this as an opportunity and buy biotech companies at much cheaper pricing on the ASX...
As mentioned: JIMHO, of course and I could be wrong.
All the best to all IMU holders and buyers. More patience required.
wasa
Taureanbull: "The crazy part is, if IMU was sitting on a lithium...
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Last
5.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $396.8M | |||
| Open | High | Low | Value | Volume |
| 5.4¢ | 5.4¢ | 5.3¢ | $339.4K | 6.365M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 895592 | 5.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.4¢ | 672708 | 10 |
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| Last trade - 16.10pm 28/08/2024 (20 minute delay) ? |
| IMU (ASX) Chart |