Odds&Evens,
I couldn't agree more. Everything needs to be presented in this world. Most of all to your investors, should you ever want to sell anything to potential customers.
As I've explained a few days ago- I have recently put my dummy back in and have topped up in IMU to now hold 20 times more shares and options, than I did six months ago. However, it wouldn't of happened without the SP falling below $0.05 and disposing of another significant asset in being able to buy them. I realise many holders do not have the resources to top up. However, at some stage you made the decision to be IN. Whilst the SP is trading down 90% of the $0.62 highs of a few years ago, coupled with CR's being sprung on us, just when all were led to believed we were all cashed up. This led to further dilution and an even weaker SP.
Sympathizing with all the above, I'm of the belief management should be answerable in the forthcoming AGM ( not the Scientists ). Considering holdings of the top 20 share holders, I'd give long odds of being able to make any changes in senior management in this AGM. Who knows if things are further diluted in years to come, retail holders might be able to form a majority decision on matters in AGM's - but not for now.
IMU is a speculative stock in a time of inflation and bursting interest rates. besides the timing, these Oncology/ Scientific investments, require many resources in both time and money ( If not taken over). In relation to all of the moaning on HC I understand most people. This thread is often used as a venting tool for some in real financial pain. However, most followers are wanting hope and good news.
As they say - Laugh and the whole world laughs with you - Cry and you cry alone !
The only explanation I can give as to why good ASX notices are met with declines, is because so many investors hang on the Holy Grail news of a miracle report, or a $1-$2 Take Over. Anything less is like a farmer in crimpling drought, who's just put down 90% of his stock- He gets news of an important delivery coming up the track too the barn. When he gets there, It's not hay or a water truck- its new fencing wire, which for now isn't important and only leads to more disappointment, regardless of it being beneficial some day.
Lot's of potential game changing news, could be just around the corner if suggestions from LC and management are reliable. We only need to wait until November or as long as May. Although news in this period might not be all holders are waiting for- It should paint a clearer picture.
Be Patient and hold in if you can !
GO IMU!
Not Financial Advice- Opinions Only- DYOR !
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