Ann: Trading Halt, page-261

Personally, I am not against a cap raise per se. In fact, once they successfully cap raise the $85m as mentioned in an AFR article, it would make for a very strong foundation here. However, the only thing I am confused about this is the timing of it. I mean, surely IMU is not far off from announcing some very significant news eg, Her-Vaxx, PD1-Vaxx, Checkvacc, etc. So why not wait for at least a couple of that announcement to come before cap raising? I am sure once those announcements are out, we would be raising at more than 50 cents rather than 30 cents.

All in all, unless there is a partnership deal, which I take it from this cap raise that there is no dance partner willing to take on Her-Vaxx, then this is a cap raise that we have to have. Just the bloody timing of it that I am confused about.