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0.00% 4.0¢ imagion biosystems limited

at their cash burn rate, they will not be able to pay wages.Or...

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  1. stevenjd
    27,757 Posts.
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    01/02/24
    13:24
    Post #: 72184196
    at their cash burn rate, they will not be able to pay wages.
    Or the electric bill.

    Trading halt incoming imo. ASX can not allow them to run on empty.

    I took the tax loss while i could. Rather than the drawn out process of delisting.
    I am one of the fortunate though, who took profits into the 100 and 200m valuations.
    But my free carried, and further capital invested, a smaller amount, turned to a puddle.
    IBX Price at posting: 11.5¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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