IMU 6.67% 7.0¢ imugene limited

AFR aside I am sorry to say but I mentioned it yesterday on my...

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    AFR aside I am sorry to say but I mentioned it yesterday on my exit. I could not reconcile the market cap with the stages of product. The value of a business should be roughly calculated on 10 years worth of profit.. from any given day. At 2.2 billion dollars that is a average annual profit of 220 million. But given that we are approxmately 2 years off a financial year with profit that means it would need to be calculated on 8 years of profits at an average of 275 million. Not impossible for the products proposed but remember nothing is out right proven yet... which was the reason for my statement.

    that being said I still believe in this company and will be re entering soon
 
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