Hey mrdingo,
I reckon you'll see your 15c over the next month.
What a difference a week makes. Last Monday investors were mostly gloom & doom, and just fed up!
One week later, we face an entirely different week. Fridays 7/8 Complete response (4) and Stable disease (3)
with Azer Cel was nothing short of DREAM STUFF !
Well on the further up side- there's another 10 in that study that will give further data, by around mid year.
There's also the two other studies (OASIS & MAST) as our two other products in trials. Their further down the track, with many more patients and both already seeing success in lower dosages. Their data is designated as coming between now and June. I expect more news in coming weeks, as that's what we've seen in the past once it starts flowing.
We've seen IMU go backwards with great news in the past. Alternatively, we've seen it rally out of FOMO back in 2021 going to 63c. Whatever happens this time around will be on the back of results. There's no get rich quick about IMU anymore, because us long term holders have all put the effort in with nothing being quick !
Those who've been savvy enough in watching the IMU share price diminish, with funds ready to go- have done exceptionally well. Even since this time last year, you can buy in at a 68% discount. I wouldn't leave it much longer though, as once short term profit takers move on, I think you'll see increases in price of cents per day, which is 25% of todays prices. As soon as the institutions want in, they'll be purchasing in the 50m range each day, with no games to play in creating supply.
Each to their own, but I still see the IMUOE's as the best value on the ASX. What can be purchased for a brief time now for $19K will buy you a 1m holding, once converted. Remembering, should you hold them for more than a year, you'll get a 50% CGT entitlement. Likewise, should you not want to pay the 11.8c strike in 18 months, they normally trade about 4-8c less than the fully paid. It's a great way- for mine, of having twice the holdings for the same outlay based on todays prices. I hold 80% IMUOE's and 20% fully paid- but that's my preference. I just believe should IMU not be trading way in advance of 11.8c in 18 months, then I'd not only be surprised but see it as a waste of time with all the potential in shows.
Forget Shorter's, their mostly finished for now after Friday. Even a chop in interest rates tomorrow, might see added investors looking for shares. It's a brighter Monday outlook than what we've become accustomed to.
If your a long term holder- Good on ya, and stick with it !!
-GO IMU!
Not Financial Advice - Opinions Only - DYOR!
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