IBX 0.00% 8.2¢ imagion biosystems limited

Ann: Imagion announces HREC approval for Phase I study, page-79

  1. 112 Posts.
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    Very positive news today. I personally thought that ethics would take longer than this, so I’m glad the company is on track to potentially start trials this year.

    I’m not sure why there’s so much negativity about the share price not increasing substantially- are we forgetting that the share price was 1c earlier this year?? In any case, for most of us it’s more important that the company is making progress, which it is. Short term fluctuations in the share price is irrelevant. How many long term holders would sell it this had gone to 12 or 13c today? I sure wouldn’t have! Obviously you’ll have a different view if you’re a day trader.

    Hopefully the negotiations with trial sites are in an advanced stage and we get some more news about that quite soon.
 
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