Thanks for the reference. I probably wouldn't go as far as hoping they got cancer though!
Here's the article - https://www.copyright link/rear-window/imugene-s-2-3b-valuation-raises-eyebrows-20210526-p57v8y. It was published at midnight supposedly. Some key snippets:
Headline - "Imugene’s $2.3b valuation raises eyebrows"
Some factual but seemingly negative statement on company description - "Consider an ASX biotech named Imugene. It has no revenue or products and is at the clinical trial stage, but reached an incredible $2.3 billion market-cap based on a 47¢ share price on Wednesday."
Concluding remark that seeks more information from Imugene - "This is all within the rules, but some fuller disclosure wouldn’t go amiss."
Thanks. That partially helps me understand the sudden drop.
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Open | High | Low | Value | Volume |
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24 | 2950592 | 0.054 |
18 | 3103271 | 0.053 |
27 | 4642392 | 0.052 |
32 | 4156351 | 0.051 |
Price($) | Vol. | No. |
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0.057 | 1885377 | 7 |
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