IMM 2.78% 37.0¢ immutep limited

can anyone see the bottom?, page-30

  1. 1,523 Posts.
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    We saw capitulation today, which is what we needed as a flush to bottom out. I bought more today, but well off the low of .08, but still cheap enough through my rose coloured glasses.

    Was thinking about Dendreon and the probable side effect, among other things, on Prima with its own share price tumble.
    I'm not surprised it has fallen back from $57. It was always going to take 12 months to set up production and at its high it had a staggering market cap of $4 billion! That's where the correlation with Prima well and truly ends, we are not geared for perfection like Dendreon was.

    Given where we have come and what's been achieved from when we were last at the .08 cent level, anyone buying in for the first time today has done well imo.
 
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