All that's true except for the break to 60c SP at the time being based on a commercialization deal that was never made. Now that the market is no longer pricing in a deal, as it's pretty clear it's not happening, it's anyone's guess to what the company is worth now. The SP was only worth a few cents until the talk/expectation of a deal came into play. I continue to hold hoping I'm wrong, but had I come to this realization sooner (I kick myself for having such tunnel vision), I would have sold with the rest.
The unfortunate fact is, a biotech company is hardly worth anything until a deal is struck (as a bioproduct of convincing results). Although positive results may move the market, the increased value is based on the assumption or probability of a deal, the results themselves technically aren't worth a thing until a deal is made. That is the hard truth, a bitter pill to swallow, and a tough lesson learned.
- Forums
- ASX - By Stock
- IMU
- IMU Target $2.00 - Not Ramping !!!
IMU Target $2.00 - Not Ramping !!!, page-134
-
- There are more pages in this discussion • 155 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IMU (ASX) to my watchlist
|
|||||
Last
5.4¢ |
Change
-0.001(1.82%) |
Mkt cap ! $396.8M |
Open | High | Low | Value | Volume |
5.5¢ | 5.6¢ | 5.4¢ | $443.4K | 8.072M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
27 | 3056419 | 5.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.5¢ | 120000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
27 | 3056419 | 0.054 |
23 | 3628513 | 0.053 |
21 | 2089051 | 0.052 |
21 | 1993914 | 0.051 |
67 | 4445029 | 0.050 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 120000 | 1 |
0.056 | 798869 | 9 |
0.057 | 1637593 | 13 |
0.058 | 320000 | 3 |
0.059 | 467000 | 5 |
Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
Featured News
IMU (ASX) Chart |