Why IMU is a multi multi bagger, page-19296

Golbal markets fairly muted overnight.

Inflation data in the EU and the US is coming out on Thursday (local time) and global markets are treading water until the data is released.

In Europe, the FTSE fell 5 points (.073%), the DAX rose 26 points (.16%) and the CAC fell 15 points (.21%).

In the UK, data out showing "shop price inflation" has fallen for 6 months in a row. Nov figures at 4.3% down from October's 5.2%.

In the US, the DOW rose 83 points (.24%). NBI had a drop of 14 points (.39%. The NASDAQ Composite rose 40 points and the Russell small cap index fell 6 points (.36%)

Oil prices have surged - Brent crude at US$82.

US Treasury 10 year bond yield at 4.45%

There is a story developing around the gold price which is continuing to appreciate - currently around US$2.041.

Hoping that IMU can sustain its current SP today. May be some downward pressure but we may also see many investors absorbing yesterday's announcement. Whatever happens, the granting of the FDA fast track status stands to bear fruit over the next six months.