Every time IMU did a CR holder's complained " Why now, Why at that price, Not needed .... " and every time after a few months turns out it was a great move.
A CR will be done when PH expects funds will be needed in 1 or 2 years time and when money is offered. He raises when he can, not when he has to. That is the difference to other bio-tech which wait until it is too late.
Agree with you Footmax, the right CR attitude but hardly ever appreciated.
And to those who complained about the last 20c CR, missing out on free oppies - you can still buy for a lot less now than the instos did while getting more IMU value.
GLTA
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-11
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