Forgive me for starting a new thread for this however didn't know where to post it..
Might be an 'out there' question however hoping to hear some feedback / thoughts..
If, hypothetically, the ASX wasn't to recognise the value of IMU to the level it should in future, perhaps due to aussie investors not having as big an appetite for biotech stocks, would it be possible for a reverse takeover by an NSX company?
A lot of shady characters were doing reverse takeovers of companies in China, cooking the books for the chinese companies then selling the story to US investors and raising shi^ tons...
But for a good purpose, it could be a lomg term strategy to fully realize and maximise potential...
Thoughts??
Reverse takeover
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Last
4.5¢ |
Change
0.002(4.65%) |
Mkt cap ! $334.7M | |||
| Open | High | Low | Value | Volume |
| 4.3¢ | 4.5¢ | 4.3¢ | $732.0K | 16.76M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1799587 | 4.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.5¢ | 1003772 | 13 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| IMU (ASX) Chart |