IMM 1.27% 39.0¢ immutep limited

selling on a bullish announcement, page-23

  1. 5,330 Posts.
    lightbulb Created with Sketch. 32
    Like yourself Chalkey, I'm extremely bullish on this company and always hesitate before posting something objective however we all know that many of these insto's in cap raisings like to cash in profits quickly without taking time to look at the l/term fundamentals.
    __________

    mdc,

    "I will be applying for the full $15,000 worth but will be happy with $10 to $12 thousand which is about where I think we will end up at."

    Hope you're right, you're a lot more optimistic than I am. There's over 7000 shareholders entitled to take up this offer of just over 71mil shares to raise $20mil.

    From our 7000 s/holder base to fill total subscription:

    1333 s/holders x $15,000
    2000 s/holders x $10,000
    2857 s/holders x $7,000
    4000 s/holders x $5,000
    5000 s/holders x $4,000
    6666 s/holders x $3,000

    There's not much doubt this will be over-subscribed imo plus we should expect more positive news before the offer closes and I would have it a guess that Nasdaq listing approval will be announced sometime between June 14-24 allowing the 10 days post SEC approval to commence trading on the US exchange after the offer has closed.

    Imo
 
watchlist Created with Sketch. Add IMM (ASX) to my watchlist
(20min delay)
Last
39.0¢
Change
-0.005(1.27%)
Mkt cap ! $569.8M
Open High Low Value Volume
40.0¢ 40.0¢ 39.0¢ $315.2K 798.8K

Buyers (Bids)

No. Vol. Price($)
23 649273 39.0¢
 

Sellers (Offers)

Price($) Vol. No.
39.5¢ 320878 23
View Market Depth
Last trade - 13.20pm 19/06/2024 (20 minute delay) ?
IMM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.