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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6.0¢ |
Change
-0.002(3.23%) |
Mkt cap ! $455.6M | |||
| Open | High | Low | Value | Volume |
| 6.1¢ | 6.3¢ | 5.9¢ | $1.668M | 27.34M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 534140 | 6.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.1¢ | 1887796 | 21 |
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| Last trade - 11.35am 04/09/2024 (20 minute delay) ? |
| IMU (ASX) Chart |