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4.9¢ imugene limited

Thank you@Odds&Evens

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wiet

38 Posts.

53

09/07/21

16:06

Post #: 54401376
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Originally posted by Odds&Evens: ↑

If IMU had paid cash upfront, it would have had to come up with that cash. Instead, the deal that was negotiated was to pay IMU shares instead of cash which lessens the financial burden on IMU (as we keep most of our cash for the research and trials), and the value of that deal would have been (if I'm right about the pricing) pegged at the price of IMU at that time. In addition, the seller (PH's company) takes on the risk of the payment milestones instead of getting paid everything upfront. To me this seems to have been a fantastic deal for IMU shareholders.

This explanation by Wiet is simply brilliant and says it all.
Fantastic post and worth 100 globes. Thanks

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Thank you@Odds&Evens

Last edited by wiet: 09/07/21

IMU Price at posting: 33.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 4.9¢		Change 0.001(2.08%)		Mkt cap ! $364.4M

Open	High	Low	Value	Volume
4.8¢	5.0¢	4.8¢	$458.6K	9.378M

Buyers (Bids)

No.	Vol.	Price($)
6	1039220	4.9¢

Sellers (Offers)

Price($)	Vol.	No.
5.0¢	5436876	20

View Market Depth

No.	Vol.	Price($)
6	1039220	0.049
57	7914687	0.048
41	4254383	0.047
44	3092200	0.046
59	6040180	0.045

Price($)	Vol.	No.
0.050	5436876	20
0.051	5720139	13
0.052	2536519	9
0.053	1539304	8
0.054	1596999	6

Last trade - 16.10pm 07/10/2024 (20 minute delay)

IMU (ASX) Chart