Hi Fattchoi
yes food for thought!
I think you might be on to something there. CSL started off at $2 and has been split on 3 occassions since so it really has an effective issue price of less than $2 now CSL is currently $164 ( more importantly the market cap is 74 billion)
I think that like CSL immugene won't get taken over as like CSL imugene is not a one horse race but has multiple products potentually available from this technology.
This is a technology that could potentually produce (if its not already) safe vaccines that everybody could someday use to help prevent cancer,
what would that be worth?
If IMU one day has a market cap of 74 billion (like CLS's) then the share price of IMU based on 3 billion shares would be $24.65
FP
Weekly chart, page-75
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Last
4.6¢ |
Change
-0.001(2.13%) |
Mkt cap ! $353.3M | |||
| Open | High | Low | Value | Volume |
| 4.7¢ | 4.8¢ | 4.5¢ | $376.2K | 8.082M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 904677 | 4.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.7¢ | 1040062 | 13 |
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| Last trade - 11.15am 06/11/2024 (20 minute delay) ? |
| IMU (ASX) Chart |