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4.5¢ imagion biosystems limited

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-28

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M@g123

513 Posts.

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28/01/22

10:44

Post #: 59184061
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Originally posted by platypusasx: ↑

BB: "how can Bob justify an increase in expenses when he isn't delivering on the most important thing this company needs to get completed..... the trial"

BB, did you read what the increase in expenses was from?

The increase in expenses was from the most important thing this company the company needs to get completed... the trial "There was an increase in research and development costs (due to increased Phase 1 clinical study costs), and an increase in staff costs (due to new hires)." - from the QUARTERLY REPORT

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Investors expecting news about trial completion but whinging when company spends money on ramping up trial centers.

I think people forget that investing in these companies is high risk , high reward.

IBX Price at posting: 6.8¢ Sentiment: Hold Disclosure: Held
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