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1.00% 9.9¢ immuron limited

Ann: Response to ASX Price Query, page-17

  1. spanisheyes
    372 Posts.
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    10/06/20
    15:34
    Post #: 45139561
    Agree this is good news for the company, and it could warrant a re-rating, offset by the loss of revenue from Travelan because of Covid grounding travel, suspending FDA procedure for Travelan and abandoning NASH. However the action in the US last night was an obvious pump and dump, and ASX punters just followed the US action blindly, as shown by the dozens of naive comments this morning. Good luck to everybody.
    Last edited by spanisheyes: 10/06/20
    IMC Price at posting: 29.5¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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