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7.0¢ imugene limited

What makes you think the future looks promising?

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mrdingo

3,908 Posts.

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25/04/24

08:38

Post #: 73508236
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Originally posted by Footmax: ↑

Thanks Ben. Very nice read - as always, of course. Do appreciate your efforts and time put into in providing input and updates with IMU.

I think that company communications are an issue across the ASX. However, IMU still needs to lift its gam in this area of operations.

Not a surprise, commercialisation is the key to future success - and to lift the SP. One has to wonder, after all these years, whether that prospect is close. Whether that will even happen as early as this year.

IMU is involved in several trial/research areas and we all know that they are full on and this uses up a lot of funding. They have stated they have two years' worth of funding available. I do suspect that, without some commercial deals in place, they will need to raise additional funds in 12 months time.

The question then arises that with 8bil shares issued, whether IMU will need to visit a consolidation beforehand. I believe that they probably will need to do that to be an attractive investment choice. The SOI is definitely an impediment to investment opportunities - especially, when it comes to raising additional capital.

Anyway, the future looks very promising.

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What makes you think the future looks promising?

IMU Price at posting: 8.3¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 7.0¢		Change 0.001(1.45%)		Mkt cap ! $508.7M

Open	High	Low	Value	Volume
7.0¢	7.1¢	6.8¢	$1.060M	15.27M

Buyers (Bids)

No.	Vol.	Price($)
32	1135815	6.9¢

Sellers (Offers)

Price($)	Vol.	No.
7.0¢	1450308	23

View Market Depth

No.	Vol.	Price($)
28	767648	0.069
43	2723658	0.068
22	2553355	0.067
19	2043605	0.066
40	1902128	0.065

Price($)	Vol.	No.
0.070	1430446	23
0.071	1893580	20
0.072	1892947	16
0.073	1154715	11
0.074	802935	8

Last trade - 14.09pm 21/05/2024 (20 minute delay)


Last 7.0¢			Change 0.001 ( 1.16 %)
Open	High		Low	Volume
6.9¢	7.1¢		6.8¢	6580965
Last updated 14.13pm 21/05/2024 ?

IMU (ASX) Chart