IMU 6.78% 5.5¢ imugene limited

Ann: AGM Presentation, page-74

  1. 1,106 Posts.
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    Answering my own post but I really know the answer. FDA approval is everything and a license to go commercial and manufacture. I am far from knowledgeable in this area and can only go by past experience in other stocks. After losing 2/3rds of my investment with MSB a few months ago in one open after a second failed attempt at FDA approval for stem cell research it tends to live in my memory. Apparently the FDA supported trials and provided feedback hence idiots like me believing the second time must work and a gimme - wrong. Apparently the FDA works in strange ways and requires a shit load of money for no guarantees even with their apparent support. This is why the share price here doesn't move other than down and until FDA approval if successful the stock should increase 100 fold as everything then becomes real. This is a really difficult space but nailed we are millionaires. Welcome any feedback as certainly a novice in this area and just go by experience.
 
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