IMU 0.00% 5.2¢ imugene limited

IMUGENE CHART. TA only, page-655

  1. 5,859 Posts.
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    Well the reality is ......

    a) Lots of people will be tempted to lock in substantial profits - Thats just how it is and volatility has to be expected - no real surprise there

    b) If IMU's IP lives up to expectation then we all know ( or we think we do ) that valuations are potentially monstrous .

    c) Buyers who subscribe to that view in "b)" above simply will have to pay the going rate on the day or general point in time .

    d) I'm guessing over time there will be on market demand for stock exceeding 1-2 billion shares - assuming news does validate of the B Cell platform & hopes are supported with C33

    e) Many / most of these shares will have to be sourced on market - and there are plenty that will be sold ...but "supply / demand " dynamics should keep solid upward pressure on the IMU share price price ....to what level ..... FIIK ?

    f) IMU have raised capital a number of times at rates a fraction of the current share price today - personally I think they would be crazy not to raise capital again at these levels - and why the buzz is buzzing but maybe for 500 - 1,000 mill shares at 25 cents - that would substantially future proof them

    - and yes it would cause a bit of a flat spot in the share price ...but may well assist them reach the next "order of magnitude " in valuation .

    Needless to say just may opinion - no guarantees about anything .... pay ya money and take ya chances and don't piss and moan if it all turns to crap .
 
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5.2¢
Change
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Mkt cap ! $382.1M
Open High Low Value Volume
5.2¢ 5.3¢ 5.1¢ $525.2K 10.13M

Buyers (Bids)

No. Vol. Price($)
3 92800 5.2¢
 

Sellers (Offers)

Price($) Vol. No.
5.3¢ 1045565 9
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Last trade - 16.10pm 23/08/2024 (20 minute delay) ?
IMU (ASX) Chart
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