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5.5¢ imugene limited

Have to disagree with you.I’m not so sure you can write off a...

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19/06/23

13:17

Post #: 68358134
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Originally posted by GinoE: ↑

All that's true except for the break to 60c SP at the time being based on a commercialization deal that was never made. Now that the market is no longer pricing in a deal, as it's pretty clear it's not happening, it's anyone's guess to what the company is worth now. The SP was only worth a few cents until the talk/expectation of a deal came into play. I continue to hold hoping I'm wrong, but had I come to this realization sooner (I kick myself for having such tunnel vision), I would have sold with the rest.

The unfortunate fact is, a biotech company is hardly worth anything until a deal is struck (as a bioproduct of convincing results). Although positive results may move the market, the increased value is based on the assumption or probability of a deal, the results themselves technically aren't worth a thing until a deal is made. That is the hard truth, a bitter pill to swallow, and a tough lesson learned.

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Have to disagree with you.
I’m not so sure you can write off a deal with the Hervaxx/ Bcell immunotherapies, saying” it’s pretty clear it’s not happening”.
Also, the SP value “ worth a few cents. “ .. Pretty sure you are wrong there, today we are over 9 cents.

IMU Price at posting: 9.3¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 5.5¢		Change -0.002(3.51%)		Mkt cap ! $402.5M

Open	High	Low	Value	Volume
5.7¢	5.7¢	5.4¢	$1.042M	18.87M

Buyers (Bids)

No.	Vol.	Price($)
4	628179	5.5¢

Sellers (Offers)

Price($)	Vol.	No.
5.6¢	897037	6

View Market Depth

No.	Vol.	Price($)
4	628179	0.055
13	1607487	0.054
17	861715	0.053
25	2933436	0.052
26	3188487	0.051

Price($)	Vol.	No.
0.056	897037	6
0.057	1497509	11
0.058	993363	7
0.059	905099	9
0.060	986797	16

Last trade - 16.10pm 01/07/2024 (20 minute delay)

IMU (ASX) Chart

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