uncleart: "Also we have a huge amount of share scrip now .....".
Yes, indeed.
Even though this would cause some short-term share-price pain (perhaps/likely), I would like to see a very strong share-consolidation exercise being executed by IMU's management. For instance for 100 IMU held one new IMU. Will 're-rate' resp. re-arrange the IMU share-price upward to somewhere between 80 cents and $1.00 but will make this company much more respectable (JIMHO, of course) by avoiding being seen as a "penny dreadful stock".
wasa
Chairman needs to go, page-11
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4.5¢ |
Change
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Mkt cap ! $386.7M | |||
| Open | High | Low | Value | Volume |
| 4.6¢ | 4.6¢ | 4.4¢ | $417.0K | 9.281M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 6074903 | 4.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.5¢ | 362283 | 5 |
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