IMM 3.51% 27.5¢ immutep limited

sold today, page-9

  1. 2,649 Posts.
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    I don't really know when it is going to run out of puff, but suspect it will move into and perhaps even through the 20's with no particular trouble.

    Interest is just becoming too strong, persistent and well-founded to suddenly reverse. Some buyers simply want to get set for the not very long-haul to trial results.

    Others want to ride trade each, or one, price surge and get out.

    It is worth noting that orphan drug status ann will give it a boost - notwithstanding that I think it is certain, it will provide further positive publicity.

    Later, if phase IIB is allowed to become phase III, that will be another tremendous boost. The shifting closer of FDA cancer vaccine result goal posts makes that seem more likely, in my opinion.

    Of course, yes, it has to work - but it is positive results which have been necessary for it to get approval for the FDA trial in the first place. To my mind, if it works, it works, and it appears to lack serious side-effects - which means that is one cause of trial failure that can be discounted.

    Whichever your investment time-frame there seems to be some merit in holding them for longer and Friday Vwap was 17.6 with a million sold at close for 18, so 17c was not really optimal.

    That said, nothing at all wrong with making 30% on your money in a short time - be nice to do that every week, wouldn't it?
 
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28.0¢ 28.3¢ 27.0¢ $1.034M 3.758M

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12 98156 27.0¢
 

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27.5¢ 85523 9
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