IMU 1.43% 7.1¢ imugene limited

Hi BirdDog66, Besides being frustrating and boring. What's...

  1. 219 Posts.
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    Hi BirdDog66,
    Besides being frustrating and boring. What's happening this morning, typifies why I almost look forward more to an announcement of being on the Nasdaq, than Mast studdy updates.

    In the first ten minutes there were over 8m shares sold off, knocking our share price down .003c. This is no longer shorting,but rather churning.
    Larger holders wanting to purchase long term, are simply selling 5m shares at .0075c causing panic amongst retail holders, who are either fed up or desparate. They sell off in the panic back to .0070c then the instigators simply buy back in, purchasing 15-20m shares back up to .0074c in the coming days. We are victims of our small economies of scale. These games would get wiped out on the Nasdaq having a market cap of $1-2 billion as an initial float. Volumes alone would prohibit it.
    As I keep saying, we can rely on only the science in wait up to a couple of years, in seeing anything concrete happen with the SP. Alternatively, get on the Nasdaq PRONTO ! Then see a return for holders on all that's been achieved, coupled with all of the potential that's likely to come our way over the suggested couple of years, with the science.

    Just like CSL, Imugene ( should it ever receive a quarter of the interest, when taking off) won't be able to facilitate the trading required on the ASX. Just like IMU would require partners, should its product need to be marketed and distributed around the world. Similarly, at that time institutional investors will not invest on the tiny ASX, if being forced to pay extortion typ prices, to see shares ripped out of retail investors hands. Their simply not that stupid, or authorised to trade in that manner.

    Therefore, why not now as it comes with Prospectuses in getting this company known, to all the big hitters in the US- (not just Bio's and BP's). Then forget any criticism of IMU management over communications or marketing. The toothless tiger (ASX) we would still trade from as well, but that higher authority (Nasdaq) demands it, in running a tight ship, with their hundreds of millions' of investors.

    There's no time like the present !

    -GO IMU!

    Not Financial Advice - Opinions Only - DYOR!
 
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Last
7.1¢
Change
0.001(1.43%)
Mkt cap ! $519.7M
Open High Low Value Volume
7.0¢ 7.1¢ 6.9¢ $779.7K 11.17M

Buyers (Bids)

No. Vol. Price($)
10 2214164 6.9¢
 

Sellers (Offers)

Price($) Vol. No.
7.1¢ 1588020 12
View Market Depth
Last trade - 16.10pm 27/05/2024 (20 minute delay) ?
Last
7.0¢
  Change
0.001 ( 0.28 %)
Open High Low Volume
7.1¢ 7.1¢ 6.9¢ 5174828
Last updated 15.59pm 27/05/2024 ?
IMU (ASX) Chart
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