At 6c Imugene still only has a market cap of AUD$265 million ... or approx USD$185 million.
Absolute chicken feed for a biotech stock with a pipeline of 4 vaccines, AUD$35 million cash in the bank and a SAB of the calibre IMU has.
Once we receive FDA approval for PD1 and CF33, I'd expect the company to be worth at minimum USD$400 million (AUD$570 million) or 13c a share.
Why IMU is a multi multi bagger, page-309
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5.0¢ |
Change
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Mkt cap ! $371.8M | |||
| Open | High | Low | Value | Volume |
| 5.0¢ | 5.0¢ | 4.8¢ | $521.9K | 10.58M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 1612511 | 4.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.0¢ | 3882781 | 14 |
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| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| IMU (ASX) Chart |