What Imugene has that makes it a good punt -> is a technology that gives it dominant market position in a huge market *and* a strong distribution channel - Merial.
I disagree with some comments that Imugene's management is crap. They have at least delivered the goods. The Queensland Investment Corp would not have a significant holding unless they were confident..
We will see what other news they have in their report on the 16th. It should give us at least an idea of how much Merial has paid to date.
chickens no antibiotics, page-13
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Last
4.6¢ |
Change
0.001(2.22%) |
Mkt cap ! $342.1M | |||
| Open | High | Low | Value | Volume |
| 4.5¢ | 4.7¢ | 4.5¢ | $906.2K | 19.67M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 9543864 | 4.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.6¢ | 1266571 | 1 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| IMU (ASX) Chart |