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1.67%

6.1¢ imugene limited

how is he confused? the only confusing thing is your post which...

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tak1

282 Posts.

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21/11/23

21:12

Post #: 71029692
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Originally posted by HamishM: ↑

Geez you are confused. Our company had over $150 million in the bank!!!!........ If, and only if, it was deemed essential to raise cash immediately, then raise a much smaller amount at a far reduced discount.... say $20 million tops at 12 cents with no free attaching options. Talk about snatching defeat out of the jaws of victory!! If Leslie or Monil Shah, or even Pauly couldn't sell the idea that IMU was worth 12 cents per share after Leslie and Monil had locked in the Allo CART T Cell technology (which is very, very value accretive) then they are in the wrong roles. Hopper and the Board's massive mistake (and I am being kind using that word) was to allow the Bell Potter's multi multi millionaire brokers to use the (optional) cap raise for their own ends, not shareholders. Hence, large sections of the sophisticated investment community think that Hopper is a loon. As a senior Sydney broker said to me straight after the CR was announced; options really damage your share price; companies should not be issuing them. DYOR etc

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how is he confused?
the only confusing thing is your post which quotes nothing.

IMU have been clear, the money in the bank has alway been for a long runway. Funding purchases isn’t helping that long runway.

IMU Price at posting: 9.5¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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(20min delay)
Last 6.1¢		Change 0.001(1.67%)		Mkt cap ! $446.5M

Open	High	Low	Value	Volume
6.0¢	6.3¢	5.8¢	$1.661M	27.74M

Buyers (Bids)

No.	Vol.	Price($)
3	513999	6.1¢

Sellers (Offers)

Price($)	Vol.	No.
6.2¢	51941	2

View Market Depth

No.	Vol.	Price($)
3	513999	0.061
11	998194	0.060
9	968491	0.059
12	1283310	0.058
10	1089599	0.057

Price($)	Vol.	No.
0.062	51941	2
0.063	688842	8
0.064	100000	1
0.065	889345	8
0.066	539500	3

Last trade - 16.10pm 05/06/2024 (20 minute delay)


Last 6.2¢			Change 0.001 ( 4.38 %)
Open	High		Low	Volume
6.0¢	6.2¢		5.8¢	10422066
Last updated 15.59pm 05/06/2024 ?

IMU (ASX) Chart

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