IMC 2.33% 8.8¢ immuron limited

Ann: Business Update Presentation, page-2

  1. ich
    672 Posts.
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    Finally an update that seems to explain the lack of stock. It seems stock sold quicker than could be made and now they have a new (or alternative?) producer and stocks have now been refilled. This will clearly lead to some higher back order sales and people like myself will now be able to buy Travellan at our local chemist. Pleasing also to see that the 'cash and cash equivalents' are at $18.5 mill with todays SP still showing a value lower than this cash, of only $16.4mill. I bet the SP will improve now product is back in stock and SP less than cash value.
 
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