hard to imagine that imu is just about ther in the production of such a commercially required vaccine for fattening chickens.however, if its all approved and ready to be sold this stock could be worth as much as bta + more depending on the sales.
Lets see what the milestone payments and sign up fees
amount to.
This will the true indicator of the potential of their product.
If imu directors think there is true potential i'm sure.thus they would not have given it to merial for less that a few million.
imu/csiro have been working on the chicken fattening vaccine for many years. ie many years work = big buck's in up front payments.
time will tell, but i think imu is deffinently heating up.
ch 7 news report
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