Hey Folks,
I am keen on this stock, and know most here are very positive and Bullish .. Just a few concerns/questions for those that understand more than me:
I see there are 7 billion plus shares currently on the market, is this not an extremely large amount? They may add more in the future to raise more cash. Does this mean for example if the share price were to reach $1, then the market cap of the the company is more than 7 billion dollars? For comparison Sonic Heathcare is valued at around double that amount, and they are a huge, long established company with dominant market share in much more common pathology services. Could Imugene ever get up to the level of a massive company like this? I understand it's totally different medical services. All I hear about is ther bile duct cancer treatment, which is apparently very rare. I know there are other things in the works, but don't understand too much about it. So I am probably just ignorant on the potential scope of this company.
One other thing is that Leslie Chong seems to be taking a very large salary, apparently around double the normal amount for CEO's
Thanks!
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