Agree. Behind the scenes though, there must have been some protracted conversations about the need to fill the coffers over what they perceive to be uncertain times ahead, and probably decided pain now better than pain later. their programs are funded for years with this war chest, and it also gives them some ability to fight off takeover approaches, so that's not a bad thing.
But 1 for 2 options as well - just far too rich. Sentiment changed to hold and future funds will be diverted to my favourite cancer Company, which is on a miniscule mkt cap compared to IMU.
Ann: IMUGENE ANNOUNCES A$80 MILLION INSTITUTIONAL PLACEMENT, page-50
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Last
4.9¢ |
Change
-0.004(7.55%) |
Mkt cap ! $364.4M | |||
| Open | High | Low | Value | Volume |
| 5.3¢ | 5.3¢ | 4.9¢ | $1.061M | 21.17M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 52 | 6583733 | 4.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.1¢ | 1287081 | 5 |
View Market Depth
| Last trade - 16.10pm 15/10/2024 (20 minute delay) ? |
| IMU (ASX) Chart |