IMU 9.26% 5.9¢ imugene limited

Ann: Trading Halt, page-47

  1. 1,128 Posts.
    lightbulb Created with Sketch. 1057
    It's not that surprising, 6.3 quarters of funds left according to the quarterly. That is only a year and a half, and sure there are (plenty) options still to be exercised, but a companies primary goal is self preservation. When the boss says they have plenty of money in the bank to execute their plans - they are not saying they aren't going to raise funds to guarantee the payroll for however long. I'm a bit annoyed I didn't pick this; my usual rule is to expect a CR if a company has under two years runway.

    Let's see the details.

    Don't get too emotional people! Stay focussed and good luck.
 
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