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3.61% 8.0¢ immuron limited

Ann: US Defense funds AU$5.5M for Immuron New Gastro Weapon, page-47

  1. jeans_sammy
    13,333 Posts.
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    03/10/19
    16:23
    Post #: 40711083
    $IMC
    Rev Near $3m
    US Defence funds $5.5m
    Rev growing 40-50% per annum plus new products with FDA approval to come in market.
    Travelan Global market to grow from $630m to reach $890m in coming years
    MC near $30m = BARGAIN.
    FDA approval will fire her up to easy $100-$200m MC.

    Weekly Chart - Great volume and breaking out of prev resistance.
    13-14c could act as a new support zone here.
    19c-25c could be measured ST target.
    https://hotcopper.com.au/data/attachments/1753/1753518-b7385d991d71a1a882ee849f22e8577d.jpg
    https://hotcopper.com.au/data/attachments/1753/1753521-a52ba658152d57141d87376eec12a2b5.jpg
    https://hotcopper.com.au/data/attachments/1753/1753524-f48e5d781dc859d5e1e1f3e70459eb77.jpg
    IMC Price at posting: 14.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 21  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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