IMU 0.00% 5.8¢ imugene limited

Zior that’s why it’s my opinion. Soi is relevant ,it facilitates...

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    Zior that’s why it’s my opinion. Soi is relevant ,it facilitates for this kind of institutional behaviour.I also believe the institutions timed the exit prior to the soon to be released quarterly and before May when EOFYselling takes place .keeping in mind under ASX rulings on the cash on hand ,and necessity to always be able to prove up ,2 quarters of costs in advance , I believe the company this year will soon cap raise and at some point do a share consolidation.The recent institutional actions have now laid the pathway to pick up some cheap shares in an upcoming cap raise, for these institutions as they will be the ones contributing to 80% or more of the capital raised, as mum and dad shareholders are now tapped out.
 
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