Zior,
I don't think the Aussie investors are stupid, it is just that they are not playing on a level playing field.
I went through the same angst with Solagran a few years back. A wonderful company with a wonderful product that passed test after test. But every time they passed one test TGA baulked at granting them approval and moved the goal posts. This went on for years!!! And the company got nowhere and finally was delisted.
Which made me raise my eyebrows and wonder how the Covid vaccines got TGA approval so quickly with virtually no testing. Something smells rotten.
Anyway while I am keen on investing in Imugene I have learnt to be very wary of an Australian company trying to get TGA approval and also competing against massive Pharmas overseas.
A few good reviews and clinical successes is far removed from money in the bank. This will only make money when it does in fact make money.
Everything else is just wishful thinking hype.
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