Would love to know how the conversation went between IMU and our new investors. Here's my thinking:
INSTOS: "We're thinking of investing in IMU. What can you do for us?"
IMU: "Great! Feel free to buy on market"
INSTOS: "Thanks but we don't think the shares are worth the current market price."
IMU: "Yeah, you're probably right. How about a 10% discount?"
INSTOS: "Thanks but that still sounds like a poor investment. No thanks."
IMU: "Wait! How about we throw in some free options. You can dump the shares straight after you get them and keep the free options."
INSTOS: "OK, I guess we can't lose then."
Ann: IMUGENE ANNOUNCES A$80 MILLION INSTITUTIONAL PLACEMENT, page-191
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Last
5.5¢ |
Change
0.003(5.77%) |
Mkt cap ! $404.2M | |||
| Open | High | Low | Value | Volume |
| 5.2¢ | 5.7¢ | 5.2¢ | $802.5K | 14.79M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 348447 | 5.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.5¢ | 1214875 | 6 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| IMU (ASX) Chart |