IMU (ASX) Ann: Investor Update &amp; FAQ Webinar

Originally posted by theoc: ↑

"..... They went on to do a 20:1 consolidation and the value halved ..........."

Howdy Hittman, believe both you and Slick can both be right however would contend both positions as stated may be just a tad over-simplifed. Slick is primarily a trader so of course his natural bias is to see a consolidation as that would bring on change and in the trading world change generally brings on opportunity. You on the other hand appear to have experienced 1st hand the down side of a consolidation so have the opposite bias. I too hold a stock IMM that chose to consolidate and ever since the SP has pretty much traded in a narrow band so guess I could point to the consolidation as the culprit. suggest however that is simply too narrow an argument. Tend to agree with slick that 8 billion is a tad too many shares to have on market especially where there is still the likelihood / distinct possibility of further dilution via CR's to come however question the virtue of consolidating in isolation. MC stays exactly the same in all respects. Yes you may get rid of the pip traders etc but do you actually become more attractive to bigger players unless there is an additional driving incentive such as meaningful positive progress towards some aspect of commercialization. No specific data but willing to bet the examples Slick alludes to would each have been as part of or timed to co-inside with other strategic moves as part of cleaning up the story. Personally very much look forward to IMU announcing a consolidation as willing to bet other upsides will be very much and publicly in play.

As to the presentation last week. Generally pleasing to see however had to conclude it was basically borne of appeasement towards the retail investor. Good to see PH take the lead. Not totally convinced LC was overly enthusiastic about the event while BG put in a solid performance. Obviously no new news though several points of potential confusion by the punters was addressed and cleaned up. Overall thought it was an honest attempt to answer as many questions as possible. To be extremely critical, while PH demonstrated management is understanding of the SP situation one could argue the opportunity to drive home the message the BoD thanks the punters for sticking around and is doing everything possible to get products through the tunnel and into the market within the shortest possible time frame. PH mentioned a couple of times that management are holders of the stock so share the desire to see higher prices. Frankly, personal position is that it is a bit sad they feel the need to make this sort of pitch. Much better that they find a way to get out in front of all this negativity. AS LC pointed out the lagging SP is in no way connected to the science or the frequency of announcements made. Forget who (apologies) but someone here on HC did point out the potential for more upbeat and simple examples of promoting truthful positive spin. would not keep all the punters happy but perhaps help. Look at the development of the science and perhaps it can be legitimately argued IMU is on its journey via the valley of death - that section of the journey bereft of meaningful positive news. added to that the market generally is all over the place and on a daily basis so anything other than astounding hard news tends to be quickly discounted. Once upon a time (not that long ago) news that 4 out of seven (desperately ill) people on a (phs I) trial had a positive outcome would have sent a real and meaningful rerate. Today and not just for IMU it likely gets discounted with a very short period. Bottom line as LC said - IMU has still not had to announce a failed trial,- the science is more than just solid, management is well aware of the SP and are working diligently to creating a block buster product/s.

Personally have no legitimate reason other than perhaps frustration to change my sentiment.

Expand

To my way of thinking LC and all concerned have been overpaid and so far under delivered SP wise and timeline wise; yes it’s a long game but salaries are ridiculous IMHO.

No.	Vol.	Price($)
5	788815	1.3¢

No.

Vol.

Price($)

788815

1.3¢

Price($)	Vol.	No.
1.4¢	13241534	29

Price($)

Vol.

No.

1.4¢

13241534

No.	Vol.	Price($)
2	406921	0.013
52	13104870	0.012
37	7099788	0.011
51	15783275	0.010
13	2798488	0.009

No.

Vol.

Price($)

406921

0.013

13104870

0.012

7099788

0.011

15783275

0.010

2798488

0.009

Price($)	Vol.	No.
0.014	12761766	25
0.015	7786799	32
0.016	6497205	27
0.017	9090240	16
0.018	2944932	17

Price($)

Vol.

No.

0.014

12761766

0.015

7786799

0.016

6497205

0.017

9090240

0.018

2944932

(20min delay)
Last 1.4¢		Change 0.001(7.69%)		Mkt cap ! $104.5M

Open	High	Low	Value	Volume
1.2¢	1.4¢	1.2¢	$267.3K	20.57M

To my way of thinking LC and all concerned have been overpaid...

Hydrogen tanker stock Provaris inks MOU with "K" LINE to provide advice

Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem

Week 25 Wrap: Fed & BoE pause rates ahead of RBA; Santos-ADNOC, Oz tax reforms

AML3D opens new facility in Ohio as US Defence strategy bears fruit

Friday’s HotCopper trends: Dreadnoughts's drill delight, Galan's beaut raise | June 19

ASX Market Open: Stocks slide as Trump tosses up attacking Iran directly | June 20

Novo flags antimony and gold in the Pilbara – but does it need to step back?

HotCopper Highlights for Week 25: 4DS Memory, Meeka & Sprott-citement

Proteomics notches up as company launches PromarkerD into the US

Thursday's HotCopper trends: Second Amplia response, Race combo dosing | June 19

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

To my way of thinking LC and all concerned have been overpaid...

Top Stories

Hydrogen tanker stock Provaris inks MOU with "K" LINE to provide advice

Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem

Week 25 Wrap: Fed & BoE pause rates ahead of RBA; Santos-ADNOC, Oz tax reforms

AML3D opens new facility in Ohio as US Defence strategy bears fruit

Friday’s HotCopper trends: Dreadnoughts's drill delight, Galan's beaut raise | June 19

ASX Market Open: Stocks slide as Trump tosses up attacking Iran directly | June 20

Novo flags antimony and gold in the Pilbara – but does it need to step back?

HotCopper Highlights for Week 25: 4DS Memory, Meeka & Sprott-citement

Proteomics notches up as company launches PromarkerD into the US

Thursday's HotCopper trends: Second Amplia response, Race combo dosing | June 19

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News