Exactly ,the consolidation doesn’t touch your actual holding value, but it resets how the market views the stock. Low SOI changes the game: suddenly you’ve got a cleaner structure, more room for upside, and you’re taken more seriously by institutions.
From here, it’s all about trial results. If they deliver, the rerate on a tighter structure will hit harder than it ever could have with billions of shares floating around.
That said, consolidation isn’t just cosmetic. The post-consolidation price action can have a brutal impact on shareholder value if there’s no news to support it. Just something that often gets overlooked in the hype.
And yes... bring back the Contikis. That’s when biotech was fun!!!
IMU Price at posting:
2.2¢ Sentiment: None Disclosure: Held
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