With the current soi, aud1 per share would equate to mc of around 5B USD.
IMU's current 'assets' include upcoming phase 2 trial of B Cell pd1-Vax at 10 sites, Fast Track for Bile Duct Cancer after 1 CR plus PR and SD at low/med dose early stage, Azel Cel registrational trials on the way with GMP manufactoring facilities, being an allogenic CarT in view of current review of autogenic CarT secondary cancers, not to mention bank balance of more than AUD170m to cover next 2 years' ops.
I am sure I have missed some other positives.
imho, USD5B surely is achieveable if not a 'bargain'
Just need a little bit more meat on the bone in terms of trial data....
Dyor
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