That’s a very telling response from LC. Thanks for sharing!
yes, IMU CR is “not planned” as at time of AGM, and “they will let us know” meaning it is coming and we will all find out in time. Cash is King!! Not a very confident response at all from CEO LC. Another ASX biotech CEO I am invested in responded to CR rumours in no uncertain terms when …. Paraphrased: we are fully funded for all our current programs for next few years, definitely no CR before AGM or end of the year.
Those who think IMU will miraculously avoid a massive CR and dilution should revisit RAD’s and CHM’s recent 2025 CRs and the 2023 IMU CR.
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