Capital raises are necessary to fund work to increase the value of the assets. No capital raises and research and trials stop and we have not maximised the value of IMU assets. The share price would crash I think. It is also important to show Big Pharma that IMU will not get to a fire sale because it ran out of cash. We do not want to blink first because we didn't raise enough funds.
DYOR. Not investment advice.
Capital raises are necessary to fund work to increase the value...
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Last
7.1¢ |
Change
-0.004(5.33%) |
Mkt cap ! $519.7M | |||
| Open | High | Low | Value | Volume |
| 7.5¢ | 7.5¢ | 6.8¢ | $2.847M | 40.20M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 266411 | 7.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.1¢ | 1022995 | 3 |
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| Last trade - 16.10pm 13/05/2024 (20 minute delay) ? |
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Last
7.0¢ |
Change
-0.004 ( 6.17 %) |
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| Open | High | Low | Volume | ||
| 7.4¢ | 7.4¢ | 6.8¢ | 19590616 | ||
| Last updated 15.59pm 13/05/2024 ? | |||||
| IMU (ASX) Chart |