Why IMU is a multi multi bagger, page-23124

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col69

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06/05/24

09:22

Post #: 73678116
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Originally posted by plumvj ↑

consolidation for the sake of a Nasdaq listing is just that.
5 shots on goal, we are at the 3rd(Vaxinia) which appears not be be performing as it did in the lab) now 2 shots left with focus now on Azer and its promising results. A Nasdaq listing should only be on the back of a great SP as a result of great trial responses and not from consolidating. To consolidate just to get on Nasdaq is just so they can have more exposure to a greater number of mum and dad investors in the US looking for that needle in the haystack to financial freedom. BP know where this company is at and it reflects in the share price we don't need to be on the Nasdaq for that. They will search IMU out wherever they are(they do know we exist we don't need the Nasdaq for that)
There is enough funds to fund trials to get the SP where it would need to be for BP to take notice and lead to the right path to a Nasdaq listing. Any other course of action for a listing is questionable.
opinion only

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5 shots on goal, we are at the 3rd(Vaxinia) which appears not be be performing as it did in the lab

Not sure it's as black and white as what you're suggesting .... and IMU would need to alert the market if it was demonstrating it wasn't worth pursuing - I think you should wait for further results before asserting such a determination ?

As for the Nasdaq listing - I have seen some terrible outcomes when some aussie companies have undertaken this process. I would however be ok with either a 5:1 or a 10:1 consolidation as IMO there are just too many shares on issue.

GLTAH

IMU Price at posting: 8.2¢ Sentiment: Buy Disclosure: Held
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