Lol Steini
Its the never ending question - "Is the market right?"
My feeling about this is - at any particular time the market is "right" by definition. I mean, at 4.15 today the market result was $0.019 and if that's all the market is offering, then that is by definition the value of Imugene at 4:15pm on 4 March 2019.
For me the question is more - does the current market price reflect a reasonable assessment of the risk/reward equation for this stock?
I reckon the answer on Imugene is "No." And of course I could be wrong. Only the retrospectoscope can give the true answer. ie. Ask me in 5 years and I'll tell you if I was right.
So time alone will tell. If I'm wrong in my assessment I stand to lose a fair amount of money. Not enough to sink me - but enough to hurt.
If I'm right, then the return on my investment will be incredibly good.
Either way, life is wonderful, and there are far more important things to worry about, or to enjoy.
My preference is to enjoy the good things, and do what I can to improve the bad things.
A bit simple, I know, but not such a bad plan, really.
Cheers
Dave
Lol SteiniIts the never ending question - "Is the market...
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add IMU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.9¢ |
Change
0.002(5.41%) |
Mkt cap ! $386.7M | |||
| Open | High | Low | Value | Volume |
| 3.6¢ | 4.0¢ | 3.5¢ | $1.163M | 31.27M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 2275218 | 3.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.9¢ | 196677 | 3 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| IMU (ASX) Chart |
