IMU 3.39% 5.7¢ imugene limited

Ann: Imugene completes $90 M placement and launches $5 M SPP, page-76

  1. 5,679 Posts.
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    I think you might be just a bit surprised as to the positive impact this very quick placement will have .

    No need to elaborate on detail . But think about this

    > Biotech space in general is Very much in focus - finally as it is growing very steadily ... I think 11% compound Y on Y in Oz & could become a very significant component of our economy .

    > Intuitions are looking for good companies to park their money & IMU is a stand out opportunity .

    > IMU has excellent management & world class technical people

    > IMU has a good pipe line of news flow - that should continue verify much of the game changing IP Platforms they are invested in

    > These Platforms are potentially worth 10 - 20 times the current market cap of IMU over time - assuming they come together

    > The 90 mill added to current CoH will give the company a balance of some 110 - 120 mill - thus giving them the freedom to pic and choose the potential Partnering options they might enter into

    In short we are witnessing the " Penny dropping ..... in slow motion "
 
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