Mate Fund Mangers are like lemmings really .
If some of them decide that a secor is being taken on by other "Credible" industry participants they'll just follow .....
The recent news about Warren Buffet - ref Berkshire Hathaway etc etc
Recent Industry deal levels
Potential Cash flows & growth etc etc
Providing there is convincing evidence the IMU are producing the goods
the crowd will go nuts I suspect . Not just fund managers
Suddenly the comparable overseas valuation being paid by
Industry Particiapants will start to means something .
Once that momentum starts .... the talk will be about IMU pretty much cracking the
"Holey Grail " of curing cancer etc etc tc etc .
Thats a pretty simplistic assessment ...... but you've only gotta look at some of the crazy stupid valutions that the market has put on many companies over the years etc etc - ( many of which have not delivered to expectaions )
So imagine IF it really does look like IMU have the goods , every one will want to own a bit I think .
Any way fingers Crossed that IMU will release pleasing announcements that support the theory underlying " the B Cell Platfom "
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Mkt cap ! $578.2M |
Open | High | Low | Value | Volume |
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7 | 735848 | 7.9¢ |
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9 | 615375 | 0.078 |
13 | 995947 | 0.077 |
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Price($) | Vol. | No. |
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