IMM 1.49% 34.0¢ immutep limited

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  1. 5,330 Posts.
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    "We also need to consider the possibility that the listing exposes us to any panic that the US markets face, especially in light of generally poor market conditions around the world."

    I'm sorry, I can't agree with you on this one GMFJ.

    Australian investors have been fooled into believing poor performance in world markets when the facts actually show that it's really only the Australian market which has performed like a rotting disease... and imo will continue only going sideways or down whilst monkey's remain in control destroying this beautiful country.

    Last 12 Months

    ASX200 + 3.32%

    Nasdaq + 29.71%

    The facts speak for themselves... No matter how you want to look at it, that is a significant difference.

    Sadly, because of such a poor performing Australian market most Australian investors probably aren't even aware that the Nasdaq has already returned to higher levels than it was ever at before the GFC.

    The highest level ever reached for the Nasdaq before Wall St crashed was 2810 in November, 2007. Today it is already back above that level at 2828.

    Since Labors Mining Tax fiasco Australia has been listed by some of the most respected global investment agencies as being more politically unstable and posing a larger investment risk than some of the most corruptable and unstable nations within Africa. A very scary thought considering, world markets have been performing so well many analysts are now predicting another crash is due within the next 12 months... and to be honest, I completely agree with them.
 
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