IMU 2.08% 4.9¢ imugene limited

Ann: Three Complete Responses in Azer-Cel Phase 1b Trial, page-254

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    “Now, if we apply the average P/E ratio for a US biotech (60x), that gives IMU a market cap of approximately $60 billion, or roughly $12 per share.”

    Let me say it here and now, any company that wants to make a takeover offer today (or anytime soon) of $12 per share can have all my shares for that price.
 
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