IMU

1.89%

5.2¢ imugene limited

You know how to cut to the core of it Baxter. You're so wise....

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365 Posts.

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01/02/24

15:55

Post #: 72187908
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Originally posted by fourdollars: ↑

Well the 110m given to Paul were part of the Vaxinia deal, so that's covered by IMU's original acquisition.

The "10m disposed for nil consideration", that's not so clear. And of course, what's a lousy 10m shares in IMU's lack-of-transparency environment anyway ($4m finders fee for CHM anyone ...)? They fit in perfectly with Paul's "never complain (shareholders), never explain (me)" mantra.

Here I was stupidly believing the SMSF Auditor who told me you weren't allowed to transfer shares off-market unless the transfer is done at market value. Otherwise someone could transfer shares from an entity with no carry-forward capital losses to an entity with carry-forward capital losses and avoid CGT. But it's IMU, it's Paul, it's the vibe ...

The good news is that absent an explanation, we are free to speculate. So, lets spin the wheel ... (all speculation of course dear HC monitors):

1. Paul transferred the shares to friends and family for zero consideration as a gift?

2. Paul had an off-piste arrangement with somebody requiring him to give +/- 10% of his Vaxinia proceeds as some sort of commission or fee?

3. Paul found an investor willing to pay for the true value of IMU?

What we do know for certain is that:

1. Paul won't proffer an explanation.

2. The ASX won't ask for one.

3. TB will be along presently to remind us that its only our own lack of intelligence that stops us from understanding how beneficial this is for all of us.

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You know how to cut to the core of it Baxter. You're so wise. You're like a miniature Buddha covered in hair.

IMU Price at posting: 10.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 5.2¢		Change -0.001(1.89%)		Mkt cap ! $382.1M

Open	High	Low	Value	Volume
5.4¢	5.4¢	5.1¢	$674.9K	12.90M

Buyers (Bids)

No.	Vol.	Price($)
1	45087	5.2¢

Sellers (Offers)

Price($)	Vol.	No.
5.3¢	519803	5

View Market Depth

No.	Vol.	Price($)
1	45087	0.052
11	671034	0.051
81	7658639	0.050
23	3483045	0.049
19	831259	0.048

Price($)	Vol.	No.
0.053	384611	4
0.054	2188679	7
0.055	670630	7
0.056	1929043	11
0.057	1626859	12

Last trade - 16.10pm 02/08/2024 (20 minute delay)

IMU (ASX) Chart

You know how to cut to the core of it Baxter. You're so wise....

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You know how to cut to the core of it Baxter. You're so wise....

Top Stories

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Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

GreenX picks up prospective copper project in Germany

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