Just to clarify my last post. I agree with LittleT that IMU will be dropped from the ASX200 next month. I disagree that’s why IMU raised capital.
The BOD know that cash is king in this market. Rule 1 Don’t run out of cash. Rules 2-10 DON’T RUN OUT OF CASH!
PH raised $30 or $40 M just a few weeks before selling VLA to Merck.
The last thing IMU needs with so much going on , including 10 trials is run out of cash.
CF33/Oncarlytics had a Le Mans start and now it’s a all out sprint to the finish line.,
I can see the chequered flag from here.
Shorters will win, page-21
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5.6¢ |
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Mkt cap ! $411.5M | |||
| Open | High | Low | Value | Volume |
| 5.6¢ | 5.6¢ | 5.5¢ | $161.4K | 2.921M |
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| No. | Vol. | Price($) |
|---|---|---|
| 29 | 1721823 | 5.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 5.6¢ | 861115 | 18 |
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| IMU (ASX) Chart |