When a biotech hires a company promoter, it's to raise awareness and get the share price moving North. When a biotech is getting ready to commence a clinical study, the role takes on even greater importance because the start of the study will usually be preceded by a capital raise.
IMU has had multiple MD's since listing in 2014. Now they have an interim MD who hasn't raised a dime in her life. To compensate they hire a company promoter, Stuart Roberts who's very experienced in the biotech game. He's now left after a short stint. Before Stuart they had Forrest Capital, they've left also. What do all these facts tell you?
- the capital raise will struggle = huge discount.
- something stinks at the top of this company and I've already told you who that is.
- Forums
- ASX - By Stock
- IMU
- Be warned: Big capital raise coming
Be warned: Big capital raise coming, page-17
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IMU (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $364.4M |
Open | High | Low | Value | Volume |
4.9¢ | 5.2¢ | 4.9¢ | $531.4K | 10.66M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
23 | 3429444 | 4.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.0¢ | 149299 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
20 | 3075363 | 0.049 |
95 | 13038145 | 0.048 |
58 | 6515985 | 0.047 |
30 | 3952036 | 0.046 |
51 | 4977166 | 0.045 |
Price($) | Vol. | No. |
---|---|---|
0.050 | 149299 | 2 |
0.051 | 1149798 | 7 |
0.052 | 1191692 | 8 |
0.053 | 1765338 | 11 |
0.054 | 2857321 | 12 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
Featured News
IMU (ASX) Chart |