Hey DTLP, Their communications are abysmal. If I was in Leslie's position, knowing the selective take-ups for trials has data dragging (they would have needed to be very selective in trials as patients needed to have failed at least two other treatments.) I'd have weekly updates. She went on record during a few of her self produced podcast's or seminars, in openly confessing she had no knowledge of why the Share Price was in such tatters. At that point I labeled her a Game Show Host, as she even has the American accent to match it. With all the sprouting and talking up of IMU she did between 2021- 2024 to not provide Data, and act oblivious to the SP performance, either makes her simply a Scientist who's way out of her depth as a CEO. Or someone who has no control over the company. Either way being transparent, in keeping the hordes patient with regular news, surely would have saved what little reputation she had left.
Anyhow, I see any consolidation as a bit of a Yin- Yang. Whilst we're all going to see 34 X less holdings, should news develop shares will be scarce. This will see major SP movement, but it would want to be as - of todays trading the SP would be 47.5c If news were to drop today, like in November 2023 the SP can easily run to 12-15c. However once the consolidation comes in, I couldn't imaging the SP going from 47c to $4.05. I could be wrong as the scarceness of shares might cause this. - Here's hoping !
Keep in mind a few things, as we take our disgust out on a very non transparent management. They are trialing drugs which can provide a cure or improvement, in treating both blood and solid cancers. Whilst the science seems to be the only part of this company preforming- They might even prove to be poor communicating Geek's, who pull off the Wholly Grail of treatments- Again, let's hope so !!
I wouldn't hold my breath. However, I've learnt over recent years in trying to stay optimistic wherever possible. Keep in mind, whilst many of us have an underperformed investment on our hands- there's always somebody worse off. Be grateful your not one of the IMU followers relying on IMU as an answer for survival. My heart goes out to all those people- Hang in there !
-GO IMU!
Not Financial Advice - Opinions Only - DYOR!
IMU Price at posting:
1.4¢ Sentiment: Hold Disclosure: Held
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