10c target in 12 month , page-8

hsv2001,

Thanks, honestly if the 50m buyer is at 0.5c or 0.6c I believe it's quite positive, anyway better than nothing.

If have to say a positive point about this 50m bid, I guess a takeover play could be close to corner......

I read the research report many times and more confidence on IMU's technology and I believe there will be news flow coming one by one in next 1-2 month.

MC is less than $2.5m, patent already registered in China and Japan, so I am not surprised to see IMU could get $1-2m license fees from its patent, especially in China.

$1-2m is nothing for a Chinese/Japan partner, but you know only 1m income can trigger 5 baggers rerate for IMU.

Good luck holders, hopefully first agreement coming soon!