"Obviously 60c was way too high..."
Perhaps too high and too quick for the market, from a low of around 1.5c. And the mkt cap going from sub $100m to over $3b.
Especially if there's not something really tangible that the market can easily identify to justify that rise, like profits, a big oil or resource find etc.
Obviously imu had moved further along the clinical path(s) in that time, but I think it was a surprise to many of the imu faithful the speed that the sp zoomed up.
But at some time during the last months I think the mkt cap has dipped below what the company should be valued at. But it'll catch up one day, perhaps when the first cf33 results come in.
cheers
Why IMU is a multi multi bagger, page-7133
-
- There are more pages in this discussion • 18,635 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add IMU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
5.5¢ |
Change
0.003(5.77%) |
Mkt cap ! $404.2M | |||
| Open | High | Low | Value | Volume |
| 5.2¢ | 5.7¢ | 5.2¢ | $802.5K | 14.79M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 348447 | 5.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.5¢ | 1214875 | 6 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| IMU (ASX) Chart |