Why IMU is a multi multi bagger, page-12869

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29/04/23

06:44

Post #: 67519838
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Originally posted by greystone: ↑

Hi Hodgie 28, I agree with what you have said re Nasdaq listing but I think it may happen in August this year.
I have done a little bit more digging with regard to the 17th Bioshares Biotech Summit to be held in Hobart 24th-25th. July and Imugene is making a presentation with Professor Yuman Fong making the keynote address.

"The Summit is an ideal event for fund managers, stockbrokers and investment bankers active in the sector as well as retail investors who have a committed interest in biotech stocks or are looking to build their knowledge and networks in this space.

Two themes for this year will be partnering and not surprisingly financing, given the challenging market conditions. At each Summit, approximately 25 companies present, predominantly ASX listed biotechs. A distinguishing feature of the Summit is that companies are asked not to present a standard pitch deck, but to present on themes that provide an opportunity for investors to gain a deeper understanding on each company’s business, challenges and opportunities.'"

Now to my mind this is not a renowned conference with companies making technical presentations for attending oncologists,BP etc., but is set up as they say for fund managers, stockbrokers and investment bankers active in the sector as well as retail investors to build their knowledge and networks etc. so we have to ask the question why would Professor Yuman Fong becoming from the USA for this little known event?
As far as I know he doesn't have any other scheduled appointments in Australia at this time.

So what if he is really here to make an earth shattering announcement in regard to a cure for cancer?

This would then be the huge announcement Paul Hopper wants to go with their Nasdaq listing - will certainly get everyone's attention.

So I think we now have less than 3 months to go and there will be a lot of happy investors here.
Also it makes sense with what is happening in our market - the accumulation of shares, possibly by JP Morgan in order to put together the ADR + 50 shares to 1 ratio

That is my belief and it all appears to make sense.

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Yuman back in Oz for a 3rd time in about 6 months ? Hard to not speculate that something is brewing....

IMU Price at posting: 12.5¢ Sentiment: Buy Disclosure: Held
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