I don't agree with the '' The market is always right, because a stock is only worth as much as it's most recent trade''. an example woud be David Choe an graffiti artis who accepted facebooks shares worth $60,000 for some work he did for them. he thought at the time that facebooks business model is pointless and worthless but a few years later thoses shares were $200 million. Why am i comparing this to what you said, Imu has so much in the pipeline that the last trade of $0,27c is super undervalued. Smart money buys undervalued companies and there is plenty of smart money in IMU.
If we compare no David Choe and him holding those share and a trader at the time guess who made more money.
The guys is worth now over $300,000,000.
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Last
7.7¢ |
Change
-0.005(6.10%) |
Mkt cap ! $563.6M |
Open | High | Low | Value | Volume |
8.2¢ | 8.3¢ | 7.6¢ | $1.931M | 24.42M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 1392733 | 7.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.7¢ | 140950 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 1063786 | 0.076 |
27 | 1362684 | 0.075 |
9 | 804913 | 0.074 |
9 | 392900 | 0.073 |
8 | 787610 | 0.072 |
Price($) | Vol. | No. |
---|---|---|
0.077 | 140950 | 2 |
0.078 | 427758 | 6 |
0.079 | 4733852 | 7 |
0.081 | 256000 | 3 |
0.082 | 309951 | 4 |
Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
7.7¢ |
  |
Change
-0.005 ( 6.71 %) |
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Open | High | Low | Volume | ||
8.2¢ | 8.3¢ | 7.6¢ | 9515046 | ||
Last updated 15.59pm 06/05/2024 ? |
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IMU (ASX) Chart |
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