IMU 1.82% 5.4¢ imugene limited

Ann: Imugene and Kincell Bio Announce Strategic Partnership, page-43

  1. 13,795 Posts.
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    Geez Dingo - you really have turned into a negative young fellow.

    I would call this move PRUDENT financial management.

    Off-loading an asset that was not adding to the business - and getting case and ongoing savings has to be seen as real positive. Plus, an agreement to get the use of the facility to meet trial requirements.

    Then add the lengthening of the funding runway to 2026.

    You'd have to work really hard to see any flaws in this arrangement.

 
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