IMM 1.72% 29.5¢ immutep limited

Ann: Completion of Entitlement Offer , page-2

  1. 25,338 Posts.
    lightbulb Created with Sketch. 1375
    Kbear,as you are a man that reads between the lines...
    in todays announcement,a couple of things stood out to me.
    1...money from options to help phase 2 in up to 3 trials,not 3 trials as I previousely thought,that is not a big thing,as long as they pick the ones that might work.
    2...this is what I consider to be significant,money from options to assist global manufacturing facilities.
    That means to me that Prima still think they will need production facilities in the future,I just hope they do.
    Before everyone rolls their eyes and jumps down my throat,I understand prima need production facilities for research programs but its not something you outlay vast sums of money on unless you have a degree of confidence in your product.
 
watchlist Created with Sketch. Add IMM (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.