IMU 5.56% 5.7¢ imugene limited

Ann: Imugene completes $35M Placement & Launches c.$30M SPP, page-66

  1. 12,293 Posts.
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    So far all CR turned out crappy for the sp but in hindsight kept the progress going. Now with the looming China collapse this CR could turn out as a smart move again. But while IMU stays afloat we sh will suffer as with a general market sell off we get caught up too.

    ATM it looks like sp settled at 8.1c but if a big holder decides to bail out or just sell a few, once sub 8c it will be difficult to get back above that level without any huge announcment.

    In the end IMU will stay alive but for how long can we cope seeing our investment going down?

    I can afford a total loss, but most of us small fish can't.

    GLTA
 
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