IMU 0.98% 5.2¢ imugene limited

IMUGENE CHART. TA only, page-30245

  1. 1,694 Posts.
    lightbulb Created with Sketch. 2008
    I am not prepared to sell any IMU.

    The long period of time when the stock languished below 6c after the CR, was a great opportunity to average down. Hopefully many were able to do so, confronting the abyss of Investor despair.

    Now in the green, l am happy to wait for the clinical trials to take their course and to back the research teams ongoing R&D.

    This is an early stage recovery stock in my view. I expect volatility will continue between 10c to 12c until the price breaks out of that range. The catalyst would have to be a positive announcement, which if course cannot be guaranteed to come.

    That uncertainty is the risk one takes of a bird in the hand or a flock of birds in a bush. This is a multi bag stock IMO, so l am betting on the flock.

    GLTASH


    Last edited by Jack1960: 27/02/24
 
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