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1.43%

7.1¢ imugene limited

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

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tak1

266 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 7.1¢		Change 0.001(1.43%)		Mkt cap ! $519.7M

Open	High	Low	Value	Volume
7.1¢	7.3¢	7.0¢	$835.1K	11.69M

Buyers (Bids)

No.	Vol.	Price($)
13	1246538	7.1¢

Sellers (Offers)

Price($)	Vol.	No.
7.2¢	245169	3

View Market Depth

No.	Vol.	Price($)
11	1135038	0.071
24	1962757	0.070
25	3590341	0.069
24	1966791	0.068
20	3668905	0.067

Price($)	Vol.	No.
0.072	245169	3
0.073	1279046	13
0.074	1168155	6
0.075	733954	10
0.076	358873	5

Last trade - 16.10pm 16/05/2024 (20 minute delay)


Last 7.2¢			Change 0.001 ( 1.41 %)
Open	High		Low	Volume
7.0¢	7.3¢		7.0¢	4314321
Last updated 15.59pm 16/05/2024 ?

IMU (ASX) Chart