Fair call, but here's what I meant by “no new data.”Yes, we are waiting on OASIS updates and the Azer-Cel data, but none of that is out yet. The consolidation was announced before any of it landed. That’s the issue. The market isn’t going to price in “maybe” or “soon”.it reacts to what’s on the table now!!!
NEU didn’t just consolidate and hope. They followed up with serious wins,FDA approval, a U.S. deal, real momentum. If IMU had even one of those lined up alongside this split, we’d all be cheering. But they don’t, as yet.So until the data drops, it’s all packaging and no product.
Hope I’m wrong, but we’ve all seen this movie before. And the ending usually isn’t great.
IMU Price at posting:
2.1¢ Sentiment: None Disclosure: Held
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