Ann: IMUGENE ANNOUNCES A$80 MILLION INSTITUTIONAL PLACEMENT, page-196

These 2 institutions have the muscle to know more than us mere pleb. Seriously, if they think the results are going to be bad, they won't even invest $400, not to say $40m each.

In fact, as many on here have said before, the share price should be much higher than it is now based on all the milestones achieved so far. In fact, I dare say these institutions know that too. And they understand why the share price is down instead, very likely their own doing to squeeze IMU into submission to take their money.

I am expecting a range of highly positive news to follow till end of year. During which time, yes, I do believe the share price will rise and rise so that these b@st@rds can sell into the rally. If they don't see this high potential, they certainly won't be bothered to invest even $1 here.

So for me, with this SPP, I can see the near term outcome is most certainly a higher share price from here, if the past SPP was anything to go by. Only difference now, most loyal long term holders will be looking to jump ship along with these 2 institutions as well. Unless of course one of those announcements is financial deal with a big pharma or a result that screams 'CURE'.