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5.33%

7.9¢ immuron limited

C-diff results., page-12

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spanisheyes

372 Posts.

35

06/02/20

16:22

Post #: 42785383
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Originally posted by BBking13: ↑

except that travelan is a really great product and is worth more than the current market cap on its own, which will really show when it receives FDA approval. Their cash balance is fine, they’ve received 5 million in funding from the US DoD that should last through to FDA approval.. I’m not predicting a cap raise any time soon. Maybe the sp will go down short term but LT holders will be rewarded. Dyor

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No doubt Travelan works it's been on shelves for years.

A phase 3 for the FDA approval is a costly endeavour and that is why a capital raise beforehand would make sense. That is why the SP has been going nowhere for months, investors know it is possibly coming.

IMC Price at posting: 13.5¢ Sentiment: Sell Disclosure: Not Held
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(20min delay)
Last 7.9¢		Change 0.004(5.33%)		Mkt cap ! $18.10M

Open	High	Low	Value	Volume
7.9¢	8.0¢	7.5¢	$25.60K	326.7K

Buyers (Bids)

No.	Vol.	Price($)
1	40338	7.4¢

Sellers (Offers)

Price($)	Vol.	No.
7.9¢	42836	2

View Market Depth

No.	Vol.	Price($)
1	40338	0.074
3	207000	0.073
2	41708	0.072
2	19952	0.071
1	11594	0.069

Price($)	Vol.	No.
0.079	42836	2
0.080	140358	2
0.086	147746	1
0.095	80000	1
0.100	105817	1

Last trade - 15.59pm 18/11/2024 (20 minute delay)

IMC (ASX) Chart