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4.6¢ imagion biosystems limited

I agree with your post -and after reading that it’s all starting...

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misstrump

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18/02/20

09:13

Post #: 42988205
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Originally posted by MickeyMantle536: ↑

I’m a new investor in IBX following a period of research into the technology.

I acknowledge there is a lot of discussion on charts, however I am principally interested in the fundamentals and prefer not to rely on squiggly lines to develop an investment thesis.

I have a friend who is a PHD qualified medical scientist who I lean on for an opinion and having reviewed the information we are dumbfounded that IBX only has a $15 million market cap.

Incidentally this technology has been developed within one of the most respected research facilities in the world and FDA breakthrough status is a highly significant point of validation.

Now FDA breakthrough status may not be important to someone focused on a “gap” in the chart but I can assure it’s a really big deal. If you need a “gap” to look at then the one at 12c might be a better target.

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I agree with your post -and after reading that it’s all starting to make sense as to why volume is coming into the story. I’ve invested, many times, in biotechs and generally from the application process FDA approval is 90 days. If IBX was given breakthrough status sometime back, I reckon FDA approval is around the corner

IBX Price at posting: 2.9¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 4.6¢		Change -0.001(2.13%)		Mkt cap ! $1.979M

Open	High	Low	Value	Volume
4.8¢	4.8¢	4.6¢	$21.20K	453.9K

Buyers (Bids)

No.	Vol.	Price($)
4	112509	4.5¢

Sellers (Offers)

Price($)	Vol.	No.
4.8¢	50000	1

View Market Depth

No.	Vol.	Price($)
3	92509	0.045
1	165000	0.044
1	15000	0.043
1	100000	0.042
2	17560	0.041

Price($)	Vol.	No.
0.048	50000	1
0.060	10000	1
0.062	13574	1
0.063	38873	1
0.070	822	2

Last trade - 15.59pm 14/11/2024 (20 minute delay)

IBX (ASX) Chart

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