IMC 0.00% 9.7¢ immuron limited

Does Any Bloke Think This IMC Isn't Worth at Least 10X MC?, page-2

  1. 9,852 Posts.
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    I could be wrong on this Orioles but I don't think that any of the negative posters on here would disagree with you that the company is undervalued, what I recall is frustration with the fact that it has not achieved its correct share price despite and they blame management.


    Personally while it stands at its present value I am prepared to accept all of the numbers you have opined as being what it should be and if someone suggested a number higher than your billion dollars I would accept that as well.


    My concern about value is that if Amazon has recognised the value of Travelan then others will at least be looking and joining dots the bringing on of Berman as a director speaks volumes as to what is probably going on in the background.  If a partnership or a takeover occurs one of the major factors in determining the companies value is share price and at the moment we are giving any suitor a head start by the price being so low.  Hopefully the bringing of Berman onto the board will transpire to have been a master stroke.

 
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