May I say you could be focussing on the wrong number. The upfront of up to $6m is really insignificant compared to the certain $32m savings. That is the main game here. The savings now allow IMU a runway till 2026. In addition, it now frees up management time (invaluable) to deal with our main game, and not having to manage a manufacturing facility.
Hope you see my point.
EDIT: Oops...looks like @Jack1960 has beaten me to it
May I say you could be focussing on the wrong number. The...
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Last
5.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $424.5M | |||
| Open | High | Low | Value | Volume |
| 5.8¢ | 5.8¢ | 5.6¢ | $1.032M | 18.08M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 90000 | 5.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.8¢ | 744737 | 5 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
5.8¢ |
Change
0.000 ( 1.03 %) |
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| Open | High | Low | Volume | ||
| 5.8¢ | 5.8¢ | 5.6¢ | 4924782 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| IMU (ASX) Chart |