supertramp did write on 16.11. (Friday last week) the following: "Well if Platinum did drop 46m shares on the market over the last weeks, then this will have certainly dampened the sp a bit recently. A shame as they buy volumes were growing nicely a few weeks ago."
Supertramp/others: I believe that today (22.11.) just about 48 million IMU shares were traded (sold and bought) on both the ASX and Chi-X combined). Quite a high turnover is IMU stock today - JIMHO.
Questions for either informed or speculative answers:
A) Were the SELLERS once again a small number of entities (like that aforementioned Platinum example) or a lot of smaller traders making either small gains or alternatively wanting to de-risk overextended positions perhaps?? Or any other possible explanations?
B) Were the BUYERS a small group of purchasers (like for instance an accumulation move by a bigger player) or were there a lot of smaller traders willing to accumulate their smallish positions in view of the upcoming ann. of the results within this calendar year?? Or any other possible explanations for today's trading?
Looking forward to reading some interesting comments.
All the best to all IMU holders and buyers.
wasa
PS: I still do believe that IMU is quite reasonably priced at anywhere below the last CR pricing, which was at 2.7 cents. Again, JIMHO, of course.
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Last
3.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $386.7M |
Open | High | Low | Value | Volume |
3.9¢ | 3.9¢ | 3.7¢ | $388.1K | 10.11M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 146314 | 3.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.9¢ | 2536521 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
18 | 5665336 | 0.018 |
14 | 3997559 | 0.017 |
6 | 2974375 | 0.016 |
10 | 3219799 | 0.015 |
4 | 497500 | 0.014 |
Price($) | Vol. | No. |
---|---|---|
0.019 | 400000 | 2 |
0.020 | 5410946 | 12 |
0.021 | 8494780 | 17 |
0.022 | 8757253 | 13 |
0.023 | 4826614 | 8 |
Last trade - 16.10pm 02/12/2024 (20 minute delay) ? |
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IMU (ASX) Chart |