IMU 4.00% 4.8¢ imugene limited

Ann: Imugene completes $90 M placement and launches $5 M SPP, page-379

  1. 2,273 Posts.
    lightbulb Created with Sketch. 374
    P.s to reach the break even price of 51.5c for those free options to be worth exercising the same as a current option the market cap would need to be at $11.1b or about 9% of CSL's market cap? That's a fair way off where we r now but in 5-10 years if the pipeline comes good, it will look like a steal. Just to put in perspective but, if IMU was the same size market cap as CSL today its SP would only be about $55? Still 20x from here.
    Unless I have miscalculated?
 
watchlist Created with Sketch. Add IMU (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.