IMU 9.26% 5.9¢ imugene limited

Ann: Imugene completes $35M Placement & Launches c.$30M SPP, page-352

  1. 534 Posts.
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    Correct, SPP opens next week.. Monday 28th. Closing Thurs 14th Sep, with the 5 day vwap calculated then.

    So it wouldn't be out of the realms of possibility to say IMU could be trading at a premium to the CR level by then, and imo VERY likely at a significant premium to the current depressed level.

    My concern was shareholders being under the false impression they could sell here this week and buy back in SPP at a discount to where they are selling. This week's trading levels are irrelevant to the calculation for SPP vwap
    Last edited by bat35y: 24/08/23
 
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