IMM 5.36% 29.5¢ immutep limited

don't be dissapointed, much to look forward to

  1. 1,770 Posts.
    I sense that some may be dissapointed that the SP has not met their expectation following DNDN's approval. There has been no "explosion" in PRR's share price.

    I am definetly not dissapointed. PRR is a long term investment which requires patience.

    ON THE 22APRIL I POSTED:
    "I have gone along with the popular belief that a positive FDA decision for Dendreon will result in a share price rerating for Prima.

    However, will this in fact be the case?

    Perhaps the only thing that will cause a re-rating of the PRR share price will be more boxes being ticked on the way to commercialisation.

    E.g.,
    Orphan status decision/s.
    Trials progress reports.
    Takeover interest.
    Nasdaq listing.

    I am preparing myself for the possibility that the Dendreon FDA decision will not have any impact on PRR -either way. If it was going to, it should have done so already. Afterall, the speculation of a positive decision for Dendreon has been going on and on for several months and has been reflected in an increasing share price. Not so with Prima".
 
watchlist Created with Sketch. Add IMM (ASX) to my watchlist
(20min delay)
Last
29.5¢
Change
0.015(5.36%)
Mkt cap ! $428.5M
Open High Low Value Volume
28.5¢ 30.5¢ 28.0¢ $833.4K 2.824M

Buyers (Bids)

No. Vol. Price($)
8 388130 29.5¢
 

Sellers (Offers)

Price($) Vol. No.
30.0¢ 39940 3
View Market Depth
Last trade - 16.10pm 05/07/2024 (20 minute delay) ?
IMM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.