IMU 5.77% 5.5¢ imugene limited

Hardly earthshattering selling 14 million shares with his...

  1. 15,520 Posts.
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    Hardly earthshattering selling 14 million shares with his portfolio for $1 million at the lows .... could have been done at higher prices too - in fact it wasn't even Paul, it was his spouse. If it was 100 million shares, then I might start to wonder


    upload_2024-4-24_8-27-51.png


    If IMU did another CR in the next 6 months (regardless of the proclaimed 'special' purpose) it would be a nightmare IMO .... if the upcoming Quarterly shows $125 million in the bank once the R&D tax rebate is added to the amount, then I cannot see them doing a CR in the near future..... and let's not forget the IMUOE options - any decent rise in the share price could see some exercise those - even the Directors perhaps if they want to boost the cash at bank number ?


    GLTAH
 
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