IMU 0.00% 3.8¢ imugene limited

I would honestly say that sub 2c is highly unlikely imo - when...

  1. 4,947 Posts.
    lightbulb Created with Sketch. 70
    I would honestly say that sub 2c is highly unlikely imo - when the US markets wobbled a few times recently the lowest the SP was willing to go was .019 and that was brief - snapped back quickly into the range both times -
    IF anything will scare folks into selling it is big drops in the overall markets -
    A lot would have been shaken out - but the SP has held -

    As for a consolidation - meh I don't think that it is necessary - I still maintain this has been accumulated - the traders come in when the price spikes and get shaken out - and absorbed -

    At some point consolidation may happen but it is not a necessity - the price can go up in spite of the SOI - we have already experienced that -

    Currently we are waiting for results on the trials that are currently happening -
    The volume has dropped right off and the range has narrowed -
    The monthly chart shows that we are sitting on support - which is not unusual- waiting on a catalyst to move - probably a good spot to buy- or even see if there is another test of this support - which has been tested several times - just my thoughts - re the chart -
    I would have a different mindset if the company needed funds - it doesn't - given the recent raise to aggressively collect all the best Professors and relevant therapies under our roof - all is in line with potential rise from here - imo -
    imu.PNG
 
watchlist Created with Sketch. Add IMU (ASX) to my watchlist
(20min delay)
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
Last trade - 16.10pm 02/12/2024 (20 minute delay) ?
IMU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.