Let’s recognise that the largest shareholders will have been canvassed about this strategy and will have agreed to the approach in order for the EGM to be planned. Such a meeting is planned in the knowledge that the resolution will be passed. That is important as they need to be in support for this to be voted through. So if they see the benefit as has been explained by Slick, this is just another development for the company. Certainly if you disagree you will have the right to vote against the proposal but it is a done deal in my view. Just as any commercial development with our IP can be kept confidential by IMU under the ASX regime, we as shareholders don’t know what we don’t know about our future. That is just part of investment as it is uncertain. If it’s definitive earnings that people want put your money in an interest bearing investment account. Otherwise strap yourself in as the next few months are going to be fascinating!!! GLTAH!!
IMU Price at posting:
2.2¢ Sentiment: Buy Disclosure: Held
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