LC has now stated several times that IMU will release a “plethora” of announcements over the coming months. Which will open a “plethora” of opportunities that cost money.
With the recent and expected progress , it’s likely our trials will ramp up from the current 10. Just Oncarlytics will need 5-10 trials to show its abilities.
The cap raise is likely to be over $100m and possibly $150m. The BOD can issue 15% new capital. It’s likely to reach that level. I doubt there will be any heavy discounts.
In 12 weeks time we should all be very happy with holdings. All the new announcements and 2 big insto’s underwriting our business is good for us. We are now an ASX200 company and need to think like one This next 3 months is going to set us up for ASX100.
Ann: Trading Halt, page-210
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Last
5.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $400.5M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.6¢ | 5.4¢ | $365.0K | 6.643M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 45 | 3716458 | 5.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.5¢ | 131795 | 6 |
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| Last trade - 15.29pm 29/07/2024 (20 minute delay) ? |
| IMU (ASX) Chart |