I wonder if Dominic Wainford would agree with you, Raider. He's from the UK, holds 12M shares in IMU and has directorships in various UK companies. Would he just sit back and be contented to let IMU lose its strategic direction, or quietly put up with management's alleged "don't care" attitude? Was he suffering from delusions of grandeur for buying 12M shares in IMU?
Whatever the case may be, I acknowledge that you have your reasons for supporting IMU or otherwise. So I'll leave it at that.
It would be interesting to know the reason(s) for Dominic's decision to invest in IMU (since 2008) in the first place. His investment/directorship track record appears impressive, but he doesn't seem to have a background in biotech, so why target IMU in particular, and so far away from the UK? It wasn't like the UK didn't have any excellent biotech companies available for investment.
I'm not saying that Dominic's strategy here is better than any of ours. Just pointing out that there are many silent investors in IMU out there who are patiently waiting for the management to achieve success.
Good luck to all.
takeover?, page-14
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