Hey mrdingo,
For mine, not much there I'd disagree with.
I do think however, as we head into these last 6 weeks of the year, we should take stock as to what we all individually expect or hope for from IMU.
The interviews from Leslie with Yuman Fong, should have been warning that data wasn't just around the corner. We've all heard her hype over many years, and like many had given them another six months to produce something, as stipulated by them back in May. Leslie is easy to like and for not one second do I believe she's not genuine. However, for mine she depicts Americans. They always talk a big game, and I've always viewed them as a nation of 270 million game show hosts.
So after yet another disappointment, where do us long time holders sit ?
I still believe in the science and potential of the products. I have been converted into believing Bio achievements aren't made overnight. That doesn't excuse IMU's management from bestowing transparency or direction for the company and it's investors. Therefore, any investor expecting news in the short term (next three months) to see another SP explosion back up to 10c or beyond- Dont hold your breath. Those who can afford to throw their holdings into the bottom draw and see how their going in 6-12 months, good for you ( and I'm amongst you).
Without the studies showing exceptional results, coupled with the praises of Yuman Fong, I'd be running. Whilst there doesn't seem to be a road map as yet, I'm encouraged by the study expansions. These only follow success. I'm also not that concerned about any Credit Raising. Dilution is always a side effect, however a few more Complete Responses in these studies, will open the floodgates for Big Pharma's. In comparisons to our pathetic SP $0.041c
this would go to $$ paid per share, should they discover the answers in curing cancer-Forget about the market cap, should that ever happen.
So, I'm both disappointed (data being put back again), yet pleased with recent expansions to ongoing studies.
Those studies being put on the shelves don't concern me either. They can only use what revenue / resources they have, in completing those who will get them partners and revenue. I'm also pleased with talk of partners rather than buyouts, as this shows a faith in what they're seeing. In not wanting to cut and run, they must see that as giving it away !
The data can't go on another year without being revealed. By then the ASX would have them delisted and the management in front of ASIC.
Hang in there. Hopefully the other two data streams due to drop, anytime over the next six weeks, might just give us a kick we all need.
-GO IMU!
Not Financial Advice - Opinions Only - DYOR!
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