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3.61% 8.0¢ immuron limited

IMC back to 60c plus, page-69

  1. JB27
    586 Posts.
    lightbulb Created with Sketch. 93
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    28/07/20
    15:10
    Post #: 46128719
    I'm personally expecting abysmal Travelan results, which reading between the lines is why (I think) they made the covid announcement and immediately did a CR. This ensures they've got money in the bank so can weather the storm.

    the covid announcement could also have the other affect of influencing travelan sales (positively) in the absence of a travel industry.

    all imo, but I'm expecting short term pain. I'm here for 2021/FDA and DoD. the rest is white noise.

    but DYOR
    IMC Price at posting: 40.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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