to be honest your best chance of making money off imu is to hope that merial just buys them out.
dont get me wrong technology is great but when you break it down royalties in low to mid single digits isnt going to be the windfall you are hoping for.
then there is management. apart from sheppard these guys dont have a clue how to run a biotech company. dowlands trade is oil not vaccines. basically they just suck up a couple 100k each for not much. by that i mean what do u think they do all day? not much considering sheppards the only one thats a scientist.
look elsewhere. plenty of bargains around which have more chance of big revenues before imugene starts earning.
prrs vaccine proves highly effective, page-3
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5.4¢ |
Change
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Mkt cap ! $401.6M | |||
| Open | High | Low | Value | Volume |
| 5.6¢ | 5.7¢ | 5.4¢ | $1.182M | 21.47M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 3441484 | 5.4¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 5.5¢ | 574188 | 6 |
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| IMU (ASX) Chart |