IBX 3.70% 5.2¢ imagion biosystems limited

Ann: FDA Breakthrough Device Designation, page-18

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  1. 6,031 Posts.
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    I don't think the general market appreciates this news. Having seen the announcement pre open I jumped in at open and sold at 7.1. Then I have researched their website to understand what they are up to, read their 4C and re read the announcement and website.

    I'd never heard of this Company as of today, but they are in ground breaking healthcare, and the FDA clearly thinks the same thing.

    Current Market cap around $20m is simply ridiculous even after a 265% increase today. As I am generally a longer term investor despite my day trade, this seem to me to be a screaming buy. It will be really interesting to see the next day or twos reaction once news filters through other markets

    Major imaging companies would have to get control of this because its a huge threat to their market I would have thought.

    After such a large leap with over 20% of the register changing hands already, our market has no idea what to do with this now.

    And its all over stockheads latest announcement.

    GLTAH - I have bought back in for the longer term

 
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