Are you certain she put in for a pay rise? Or was it raised by the remuneration committee for doing a stella job? Bio's are not like other companies where things can be measured per se, like ton's per annum or ounces per ton, or profit, customers thru the door, ROI, blah blah they can only be measured by Data, Data and more Data and by the people who have trusted them with their lifes work to take thru the FDA trial journey. Yuman Fong has done that and by every measure he is very happy, Saul Priceman also chose IMU to run his trials with IMU, cause Yuman was and is so impressed. So IMU got the opportunity to run both those trials after paying the license fee but got the opportunity.
If you listen to Yumans last talk, to industry experts not disgruntled retail shareholders he says he was amazed the FDA excepted their trials as they are, how fast they are going, how happy and surprised it was working in such difficult to treat cancers that he sees every week and the communication between himself, his team and the IMU team is the best he has ever witnessed. So these are the people IMU is dealing with and they are very happy, so do we reward that? Do we reward people at the top of their game doing what they do well and are being applauded for it. Then we have the actual trials, they are progressing slowly yes, but progressing they get one shot, they will be meticulous in the delivery and not rely on luck. If the data is good the share price will be good, good data takes time, trials take time. All very slow, there has been no negative announcements to date so I hope all is going well.
Lesley has never said shareholders are our North Star, we are not, we fund the trials for DATA, the Data and time will determine the SP when they need funds it will be necessary cause they got nothing to sell and don't want to leave anything on the table whether retail get another look in or some other form of funding it will be determined by the BOD, but it will be needed and will happen.
It's a long ride enjoy it or get a sandwich board and head to the Airport.
IMU Price at posting:
4.9¢ Sentiment: Buy Disclosure: Held
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