IMU 3.45% 8.4¢ imugene limited

Slick, That’s not a bad post. It highlights how many investor's...

  1. 3,016 Posts.
    lightbulb Created with Sketch. 6462
    Slick,

    That’s not a bad post. It highlights how many investor's and analysts have never actually had the experience of running a business, Their thinking is totally inflexible. They believe what they were once told at a specific point in time can’t change if a better idea or opportunity arises.

    Thats why it’s important not to take much faith in experts.

    Right from day one of this deal it was always about the Azer-Cell allogenic CarT therapy. It was never about a Wharehouse full of test tubes and Bunsen burners. Because of the very lengthy delays in the global manufacturing of cell therapies , this deal has enable IMU to get control of the supply lines contractually with out the headaches of running the factory.

    So what could be playing out here is the market not understanding the business . Which causes mispricing the shares.

    Where there is confusion there is profit. Don’t always assume the experts know what they are doing. Most of the time they don’t.
 
watchlist Created with Sketch. Add IMU (ASX) to my watchlist
(20min delay)
Last
8.4¢
Change
-0.003(3.45%)
Mkt cap ! $614.8M
Open High Low Value Volume
8.5¢ 8.6¢ 8.2¢ $2.066M 24.59M

Buyers (Bids)

No. Vol. Price($)
4 155713 8.3¢
 

Sellers (Offers)

Price($) Vol. No.
8.4¢ 140171 5
View Market Depth
Last trade - 16.10pm 01/05/2024 (20 minute delay) ?
Last
8.3¢
  Change
-0.003 ( 4.16 %)
Open High Low Volume
8.5¢ 8.6¢ 8.2¢ 6789460
Last updated 15.59pm 01/05/2024 ?
IMU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.