IMC 0.00% 10.5¢ immuron limited

Ann: Appendix 4D - Half Yearly Report and Accounts, page-13

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  1. 204 Posts.
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    I am a big believer in this company but unfortunately in the short term i think the SP is going to suffer some more. i normally stay long on my stocks but after the down turn of one of my other stocks i felt it had similar characteristics to imc and i could see it suffering a similar fate. So i sold out a few months back. And believe me that is not to rub anybodies noses in it. I think the next half will see a big turn around in sales as it will give the U.S. time to get into the product.
    My concerns are
    Not sure how long money will last
    South Korea approval was due long ago?
    Time to go quarterly reports
    All of this could change of course with an out of the box partnership or something like that but i dont think that would happen til after p2 nash
 
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