IMU 0.91% 5.6¢ imugene limited

Going by the recent dramatic increase in IMU short positions, I...

  1. 178 Posts.
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    Going by the recent dramatic increase in IMU short positions, I suspect the market makers are trying to the push the share price down... from ~351m (4.90%) on 3-Nov to ~503m (7.02%) on 10-Nov.

    https://hotcopper.com.au/data/attachments/5740/5740874-850a4a7ca6f8aa1c0b63c06a145f2c88.jpg
    Shorting IMU at present seems like a risky play considering the positive market sentiment stemming from the company's recent Phase-1 MAST trial results, the commencement of the Azer-Cel Phase-1b trial following on from the successful Phase-1 trial results, and with the potential for an Azer-cel Phase-2 Registrational trial... confused.png

    Last edited by superposition: 16/11/23
 
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