IMM 7.41% 29.0¢ immutep limited

i'm in, page-4

  1. 1,182 Posts.
    "isplicer...institutional and sophisticated investors chipping in $28 million (and all the rest they could get their hands on) on a biotech speccie in an iffy market means nothing??? You have got to be kidding???"

    --> Well it didn't stop the SP plummeting by 45% from 28c all the way to the mid-teens now, did it?

    "As for Directors buying...IMO they did that at a time when the market was capitulating as a "gesture of goodwill" and to reassure the market everything was ok and on track."

    --> The volume of the shares they purchased was very, VERY low (something like $10k each). If you're convinced that it was a genuine vote of confidence (lol) then that's up to you, but personally I'm far from convinced (I'd even venture to say that buying 10k worth of shares as a director of a company whilst priced ~15c below the SPP raising price is a tad insulting to shareholders).

    "NASDAQ listing WILL DEFINATLEY happen, of that there is no doubt...but in this great game it is rare that everything goes to the script!"
    --> Absolutely agreed, nothing goes to the script. Which is why I'm cynical.

    Thanks for playing the ball and not the man, wisdomofsilence.
 
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