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Dont take any notice of ML173,he’s just hoping to pick up some...

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Joe007

2,568 Posts.

306

13/05/20

14:21

Post #: 44597293
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Originally posted by Dr E Brown: ↑

I have done my own research, but I do not post scaremongering unsubstantiated claims. My research suggests some changes in desire by countries to control pharma supply chains closer to home. This is already happening in the US and there are bills written by Republican Senators, which, to varying degrees are protectionist and anti-China. The Australian government has complained about not wanting to be reliant on external supplies for critical medicines, devices or supplies. The process to move manufacturing centres and supply chains is immense, logistically, financially, qualitatively and regulatorily.but that is going to take time and finances. This includes generics which a large portion are manufactured in India.

Pharma companies will ask for government support to move manufacturing and supply after outsourcing all levels of the supply chain over the last 20 years or so. This will raise the cost of pharmaceuticals and place further burden on health systems across the world.

In my humble opinion I see no immediate threat to IMM material supply.

I would be happy to see your counter argument.

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Dont take any notice of ML173,he’s just hoping to pick up some shares on the cheap.

IMM Price at posting: 14.8¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 37.5¢		Change 0.005(1.35%)		Mkt cap ! $548.3M

Open	High	Low	Value	Volume
37.0¢	38.3¢	37.0¢	$564.8K	1.502M

Buyers (Bids)

No.	Vol.	Price($)
21	207575	37.0¢

Sellers (Offers)

Price($)	Vol.	No.
37.5¢	15469	11

View Market Depth

No.	Vol.	Price($)
20	194062	0.370
12	161297	0.365
11	176355	0.360
9	88376	0.355
11	216563	0.350

Price($)	Vol.	No.
0.375	25061	17
0.380	156746	12
0.385	242783	15
0.390	261832	11
0.395	125873	10

Last trade - 11.55am 23/08/2024 (20 minute delay)

IMM (ASX) Chart

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