Personally I think the reason we are seeng such slow progress from IMU is:
a. They have to wait on CSIRO scientist who don't give a rats about commercial outcomes.
b. I reckon they will be bought out by Merial in the next 6-12months so no need to work too hard. The price tag however is anyones guess...
Have talked to management about prospect of buy out and they seem up for the idea. I think their just waiting for an acceptable offer and then their all off for a wild party in the Carribean!!!
Hopefully shareholders will be rewarded also. I can't see IMU selling for under $100 million given previous Animal Health company purchases in recent years.
imu future prediction...
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