This thread should read "long *suffering holders of imugene"
IMU MC 268m, LC annual rem represents 1% of that, or over 11% of recent funds raised. Must be nice.
Meanwhile shareholders down 65% this past 12 months, down 95% in 3 years.. left holding 3.5c shares and empty dancecards.
The rate at which this company has issued shares and freebies, should IMU ever see its ATH of 62.5c again ($3.2bn MC at the time), its MC will have to be over $4.66bn AUD, dilution @ 50% (in reality, significantly more with as yet unexercised free options, warrants and CNs)
You can understand why the LT bulls have gone quiet. Even those who believe in, and follow the science.
There's not a lot to do but wait. and hope. And wait some more.
If only SH had the patience of management.. though I suppose we would if we were being paid 7 figures annually to do so.
AIMHO. GLTA patients & holders alike
IMU Price at posting:
3.6¢ Sentiment: Hold Disclosure: Held
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