IMU 4.35% 4.8¢ imugene limited

Ann: Imugene and Kincell Bio Announce Strategic Partnership, page-76

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 183 Posts.
    lightbulb Created with Sketch. 50
    Selling for up to $6M in upfront and milestone payments.

    While many people would be interested in what these exact figures are, no doubt, some of this information would be commercial in confidence, as it would relate to the manufacture of the drugs required to continue testing, and that would currently be a trade secret, would it not.
    Therefore, some commercially sensitive information may be a trade secret and therefore protected from disclosure under Listing Rule 3.1A.
    This would relate to both entities, so it would be a matter of what disclosures are being made under the other entity.

    If in the end, the upfront and milestone payments do not meet close to the $6M, then it is likely that the product has failed, and this will not be at front of mind. However, if the entire $6M milestone payments have been made, then this will still not be front of mind, as everyone will be looking at the share price at the time, as it would likely mean that the product has met all its objectives and we are on a winner.

    The fact that no one here knows the exact answer, is not a reason to have a go at the people here. It doesn't make them ignorant.
    The best thing to do would be approach the company directly, if you are a shareholder, and ask the question directly.
    Then share that answer.

    Isn't that what someone did on another thread yesterday, and come back with all the answers, and quelled any concerns.



 
watchlist Created with Sketch. Add IMU (ASX) to my watchlist
(20min delay)
Last
4.8¢
Change
0.002(4.35%)
Mkt cap ! $357.0M
Open High Low Value Volume
4.7¢ 4.9¢ 4.6¢ $977.7K 20.56M

Buyers (Bids)

No. Vol. Price($)
13 3232340 4.7¢
 

Sellers (Offers)

Price($) Vol. No.
4.8¢ 854027 4
View Market Depth
Last trade - 16.10pm 11/11/2024 (20 minute delay) ?
IMU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.