IMU 4.00% 4.8¢ imugene limited

Class action, page-31

  1. 740 Posts.
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    Class action lawsuit would fail miserably. "He said... she said... only referenced to... only insinuating to... golden goose was talking about my dinner in the oven" sneaky.png No serious lawyers would take this up.

    In saying that, I do believe ASIC should investigate Paul Hoppers connection to Macquarie Bank and the Institutions (life science *cough* investing management funds) that keep funding these Cash Raises. The likes of whom are not disclosed to Shareholders, so we are unable to do our own due diligence to see if they are even still on the register! They get rewarded with favourable options and then 'rumoured' to immediately short us. Hedging investments is standard business practice, but shorting then constant 'rumoured' drip selling (to disguise not immediately crashing our SP) has led to pushing the SP lower. It is 'rumoured' Regal and another Insto's name I cannot recall funded the 20c are in fact Short on IMU - what a surprise.

    Some posters have mentioned the Insto's who funded this latest CR must be spewing mad at the sudden 40%+ collapse in SP. I disagree. If they are short perhaps they are the ones selling down so hard! I believe this is the fastest collapse post Cash Raise we've had yet! Wouldn't it be fascinating to know who the Insto's are, not nominee accounts but what firms or individuals? And are they still on the register or have they Shorted and sold out already? To be a fly on the wall during these negotiating what.png

    It boggles my mind that after a 90% decline in SP the shorters still have a hold on our SP and have increased positions again after last months dump (presumably ASX 200 rebalancing). We are led to believe that a potential Buyout/Commercial deal with Big Pharma could strike any day!?!?! Yes some how Insto's with their infinite wisdom and due diligence still calculate that a 8.4c Cash Raise risk is worth the reward?

    IMO Paul has once again sold Shareholders down the river for reasons we don't know. The same Shareholders who funded his 20m $ Sydney harbour mansion get stiffed, while his insto mates laugh their way to the bank with their Christmas bonuses. Thousands of SH have already sold out at various losses, while we long term holders need to stop posting, not question anything, go take a walk in nature. Meanwhile another 30million Shorts have been added this month September 2023, and every day brings a new 52week low...

    Taking the rest of the week off Hotcrapper and Trading. I'm off to spend the afternoon in my garden (not being sarcastic) biggrin.png Plenty weeds to pull and delicious ripe tomatoes to pick.
    Go IMU GO!
 
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