Not sure what you expect him to say. Think his response is measured and appropriate. It’s not like he is going to hand over to you some insight not disclosed to the market. If you have lost faith in company and management you should move on.
They’ve picked up a great asset super cheap. They have raised cash in the same market. Expensive time to raise but cheap time to buy. Realistically could be worth $1-2b a year in revenue in 3-4 years and they have paid $20m upfront and diluted us by ~$100m including options. Personally I have no probs with cap raises for value creating deals like this.
The SP right now is all emotion and manipulation. In time it will reflect the underlying value. If these drugs don’t work it will go to zero like it should. If one or two of them do, we are 10-100x. Zero guarantees but personally I think IMU at this price has a compelling risk / reward.
Hopper is in the eye of the storm right now. He’s got more at stake than any of us. Don’t expect kisses and cuddles.
Thoughts on IMUOD?, page-192
Add IMU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
4.8¢ |
Change
-0.001(2.04%) |
Mkt cap ! $356.9M | |||
| Open | High | Low | Value | Volume |
| 4.9¢ | 4.9¢ | 4.8¢ | $424.8K | 8.751M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 69 | 8622849 | 4.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.9¢ | 1925890 | 9 |
View Market Depth
| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| IMU (ASX) Chart |