You're insane! This is literally just a research and testing lab with a handful of potentially cancer curing drugs in trail-phase only, and you're selling it @ $0.25c? They haven't even gone to market with a sellable product yet and you're proporting that the hype isn't real?
Maybe this will put things into perspective the next time you choose to capitalise on your 5% return -
The market cap of IMU is about $1.4billion. Compared to Roche (the largest cancer drug manfacturer in the world) @ AUD$480 billion, with an annual rev of AUD$90bil.
Basic math places their market cap at 340 times larger than IMU and gives us a solid indication of where the global market ceiling is for IMU IF their products work better than what's currently on the shelf. Assuming IMU grows just 10 times larger ($14bil market cap...highly probable) I can pay off my house and will probably receive a sufficient dividend that allows me to work part time. At 100 times larger ($140billion, not impossible) I'm retired in my 30's.
Either way, I'm 1.5 years into a 5 year hold period and have been averging-in ever since.
DYOR - Not financial advice - I could be dreaming or prophesying, who knows? Only time will tell.
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You're insane! This is literally just a research and testing lab...
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Last
4.4¢ |
Change
-0.001(2.22%) |
Mkt cap ! $327.2M |
Open | High | Low | Value | Volume |
4.5¢ | 4.6¢ | 4.4¢ | $358.2K | 7.968M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
25 | 3601437 | 4.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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4.5¢ | 671952 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
25 | 3601437 | 0.044 |
33 | 5264136 | 0.043 |
26 | 2811507 | 0.042 |
23 | 2843442 | 0.041 |
55 | 5442226 | 0.040 |
Price($) | Vol. | No. |
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0.045 | 671952 | 2 |
0.046 | 1682633 | 14 |
0.047 | 1302199 | 6 |
0.048 | 981612 | 4 |
0.049 | 1341019 | 5 |
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