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4.17%

4.6¢ imugene limited

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supertramp

11,729 Posts.

1698

16/07/21

10:01

Post #: 54544118
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Originally posted by invest ↑

Not a good review
Imugene (ASX:IMU)
Shane Fitzgerald (SELL): Imugene for us is a sell. It's got a very novel modality it's going down for its solutions, it's drugs. However, it's a very early stage business. Only one of its drugs is in stage two clinical trials, the others are in stage one, even preclinical really. So for that valuation, given there's so much road still ahead of this business, we think it's pretty full at the moment, so we would say it's a sell.
James Marlay: Emanuel, cancer therapies, obviously a huge and very attractive market. Attractive to the directors, that bought some shares a little bit earlier on this year. Are you buying with the directors or are you a hold or a sell?
Emanuel Datt (SELL): I'm a sell as well, James. I think Shane hits the nail on the head when he says that this is an early-stage drug company. And I think investors have to keep in mind that drug development is a risky process. Only about 10% of drugs actually progress all the way through the whole clinical trial phase through to regulatory approval. And I think at over a billion dollars in market cap, it's very expensive for us.

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"Only one of its drugs is in stage two clinical trials..."

Bvaxx and her-vaxx

IMU Price at posting: 34.0¢ Sentiment: Buy Disclosure: Held
18 Upvote

0 Great analysis

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(20min delay)
Last 4.6¢		Change -0.002(4.17%)		Mkt cap ! $342.1M

Open	High	Low	Value	Volume
4.8¢	4.8¢	4.6¢	$400.2K	8.603M

Buyers (Bids)

No.	Vol.	Price($)
17	1876197	4.6¢

Sellers (Offers)

Price($)	Vol.	No.
4.7¢	613421	6

View Market Depth

No.	Vol.	Price($)
16	1854458	0.046
39	5738044	0.045
34	6066577	0.044
24	2648537	0.043
29	1556623	0.042

Price($)	Vol.	No.
0.047	613421	6
0.048	2381218	13
0.049	4055660	11
0.050	5911146	23
0.051	1871050	14

Last trade - 16.10pm 13/11/2024 (20 minute delay)

IMU (ASX) Chart