IMU

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4.8¢ imugene limited

Why IMU is a multi multi bagger, page-22727

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Hittman

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19/04/24

22:07

Post #: 73433792
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Originally posted by Ragnarolf ↑

I'm sorry but the idea big institutional investors churn IMU for profit is BS.

In my opinion IMU is simply too small market cap and illiquid for institutions to bother. The main force in play is fear and greed by traders and Retail Investors.

There are way too many shares on issue. The pip spread and average daily trading range is too large. Making it a traders dream to pump and dump as sentiment changes day to day.

The fact is Leslie and Paul have shown us they will raise capital before the cash runs out.
After much promise Hervaxx is a duster and worthless.
After much promise the MAST study has been unmasked as "exploratory". Which is code for - This is going to take years before any commercial outcomes are posible.
The Azercel purchase has increased their cash burn.

Retail share holders are waking up to risks in this company, continued poor communication from management, and the fact they must keep throwing money in or be diluted from a capital raise after raise.

As much as some posters will say the magically purchased at the all time low. A lot of retail investors would be hurting and under water at these levels.

Does one sell and get some money back now? Or does one have confidence in Leslie, Paul, and the company?

I for one was disappointed holders let Leslie and Paul off the second straight after two years of large pay increases on abysmal share price performance.

An outstanding Azercel phase 1B trail update is the only thing that can save this stock now.

They'll look to raise $60M which is 10% of market cap as of today with 1:1 free options (20% dilution if exercised).
The only question left is at what price? 5.6 cents was the last offer - which was under subscribed by Retail Investors.

Just goes to show Retail have had their fill of IMU, and that there is a very limited pool of investors looking to purchase on the open market.

Only significant positive trail announcements with data can reset this stock and get institutional investors to throw some money in the tin for the next cap raise.

I sincerely hope I am wrong. Share price aside, things aren't beginning to look that Rosey for the next few months.

DYOR, IMO, Not advice.

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I wouldn't be surprised to see next CR has no offer to retail investors. Institutional only.

IMU Price at posting: 7.1¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 4.8¢		Change -0.002(4.00%)		Mkt cap ! $356.9M

Open	High	Low	Value	Volume
5.0¢	5.0¢	4.7¢	$2.298M	47.86M

Buyers (Bids)

No.	Vol.	Price($)
5	1925982	4.8¢

Sellers (Offers)

Price($)	Vol.	No.
4.9¢	3452098	12

View Market Depth

No.	Vol.	Price($)
5	1925982	0.048
33	4297134	0.047
47	3841303	0.046
53	6064000	0.045
11	2329545	0.044

Price($)	Vol.	No.
0.049	2620667	8
0.050	2639213	14
0.051	6431004	11
0.052	2071350	7
0.053	418882	5

Last trade - 16.10pm 27/09/2024 (20 minute delay)

IMU (ASX) Chart

Why IMU is a multi multi bagger, page-22727

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Why IMU is a multi multi bagger, page-22727

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