IMU 0.00% 5.3¢ imugene limited

The QIC is still made up of people like you and me. Investment...

  1. 177 Posts.
    The QIC is still made up of people like you and me. Investment funds play to a different tune, they manage portfolio's not individual stocks. I'd say a management decision was made that IMU wasn't performing in their investment timeframe so they sold out to place the money where they believed a better performance would result. In this case they could have made a poor decision, and only time will tell.

    Having said that... it doesn't exactly promote a warm fuzzy feeling when a fund sells out.

    Cheers,
 
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