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
uncleart: "Also we have a huge amount of share scrip now ....."....
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Last
4.0¢ |
Change
0.002(3.95%) |
Mkt cap ! $386.7M | |||
| Open | High | Low | Value | Volume |
| 3.9¢ | 4.0¢ | 3.9¢ | $108.8K | 2.791M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1166645 | 3.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.0¢ | 3067966 | 19 |
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| Last trade - 10.19am 03/12/2024 (20 minute delay) ? |
| IMU (ASX) Chart |
