IMU 7.14% 6.0¢ imugene limited

KEEP IMU AUSTRALIAN OWNED, page-9

  1. 12,377 Posts.
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    Management got more than 10%, no need for another "poison pill". But a 50.1% stake would be enough for a suitor to take control and they would over time dilute that 10%-20% to less than 10%. If, in case of an t/o offer, holders follow management's recommendation to accept or not to accept then it would be up to us holders what happens next. Not long ago I was certain that, at a 30c offer price, the majority would have sold out. Happy I got that wrong.

    The goal is partnering and staying in control and unless we get a US $ 100b plus offer soon it will play out that way.

    Team IMU is working with scientists who are already working on the next gen of cancer treatments, so if they would recommend an offer they would take the cash to start the next " IMU ".

    Just my thoughts, no guarantee.

    Happy to see the 30c reached and closed above for 2 days in a row. Like Slick I took some of mine and other family members off the table for av. 28c as the family council decided to secure the funds for the next max 50 years. Without those about 20m shares the sp may have reached an even higher level. Still combined 5m left, enough to set up the next Steini-Gen and should the remainder be lost as happened 4 times in our family history then we still could enjoy the future years. You still have to put up with Investor - and Trader - Steini but with less fire power.

    GLTA

 
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5.7¢ 6.3¢ 5.6¢ $1.312M 21.97M

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6.1¢ 450000 3
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