Imo this is happening. Not the first time i have raised the same theory.
Just my own opinion but i think the deal is already done and the price needs to be kept within a reasonable range so not to ruin the deal.
There is no need for IMU to get too openly excited about the results because they don't need the price any higher for capital raise.
Just my opinion.
Latest update from Leslie, page-12
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4.0¢ |
Change
0.002(5.26%) |
Mkt cap ! $386.7M | |||
| Open | High | Low | Value | Volume |
| 3.8¢ | 4.0¢ | 3.7¢ | $388.4K | 10.11M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 669767 | 3.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.0¢ | 2629555 | 20 |
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| IMU (ASX) Chart |
