Markets get it "wrong" all the time - otherwise SPs would never change.
IMU needs a couple of things to happen.
1) Commercial deals that bring in revenue. 2) Reduction in the number of shares on issue. Yes, the dreaded consolidation.
8bil shares is definitely not something that will attract new investors.
There is nothing that investors like more than having shares in a company that is making money.
In the end, investors will love the science and IMU has massive potential. All of that means nothing if the potential is not being realised in a timely manner.
IMU Price at posting:
3.8¢ Sentiment: Buy Disclosure: Not Held
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