IMC 3.33% 9.3¢ immuron limited

Ann: Travelan to progress to Phase 3 Clinical Trials in the US, page-64

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    With very little marketing IMC is already turning $4.8m in annualised revenue...and without having really tapped into the international market just yet, sales growth should be very strong going forward.

    Not only that but D0D contracts with US, UK and Aus are on the horizon.

    At 13c the market cap is only $30m, with $15m in cash! So all up EV of $15m for $4.8m of growing revenue....

    This is waaaay UNDERVALUED
 
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