Thanks, honestly if the 50m buyer is at 0.5c or 0.6c I believe it's quite positive, anyway better than nothing.
If have to say a positive point about this 50m bid, I guess a takeover play could be close to corner......
I read the research report many times and more confidence on IMU's technology and I believe there will be news flow coming one by one in next 1-2 month.
MC is less than $2.5m, patent already registered in China and Japan, so I am not surprised to see IMU could get $1-2m license fees from its patent, especially in China.
$1-2m is nothing for a Chinese/Japan partner, but you know only 1m income can trigger 5 baggers rerate for IMU.
Good luck holders, hopefully first agreement coming soon!
IMU Price at posting:
0.7¢ Sentiment: Buy Disclosure: Held
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