"...............As so often the case, we give away some great inventions / companies to the US for millions just to buy it / its products back for billions.
................."
I'm generally with you Steini, One of my fav poems and very relevant to the view, is from C J Dennis - " the stones of Gosh" - so the argument goes back quite some time - however, it is probably worth keeping in mind how IMU came in to being, who manages it and and from where generally its IP has been sourced and developed thus far.
And to NMuzza - no - please please please dont bring up that discussion again - if you want to look at a good case study just flick over to IMM that has USA ADR's (sort of dual listed) and take a look at its price history to see whether your thought stacks up. Whether you like ASX or not IMU is doing just fine where it is. Take a look at its price stats compared with all other ASX bio stocks for the past couple of years.
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Open | High | Low | Value | Volume |
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9 | 509187 | 0.054 |
14 | 1776123 | 0.053 |
22 | 1646348 | 0.052 |
16 | 4794350 | 0.051 |
Price($) | Vol. | No. |
---|---|---|
0.057 | 603058 | 6 |
0.058 | 1006279 | 6 |
0.059 | 21714 | 1 |
0.060 | 1512398 | 12 |
0.061 | 1091000 | 7 |
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