In my Opinion:
I would stay clear of IMUOD’s as the strike price is fast approaching. I don’t doubt that IMU can be worth more than that strike price (45c) in the future, but trials take time and key SP catalyst’s will probably occur after this time. I hope it comes sooner of course, but for me there is just too much risk in assuming a 300%+ rise by August 31.
A mix of IMUOE’s and heads is optimal. Why? Assuming the price of IMU is higher then it is now here are a few situations :
If an asset is bought by BP and a special dividend is offered:
- only heads can get any special dividends. Depending on the deal could be a large proportion.
- Heads can be sold to convert the options. Eg @ a $1 SP 9 options could be exercised for each head sold.
- (have to factor in if the options are trading at more then the special dividend to be received)
if the share price just rises:
- options provide more leverage, and thus more upside. Would be more beneficial in this scenario.
if the share price stays flat until 2026.
- options lose their value, while heads hold their value. Worse for options if the SP falls.
I hold 80% heads and 20% IMUOE. I cannot tell when or what Imugene will be worth in the future, but for the reasons above I want to be able to excise them if needed and also have some leverage. And of course I wouldn’t be invested in BIO if I didn’t believe it would be worth a lot more in the future.
If trading, I would stick with heads just because the liquidity makes positions easier to exit and enter.
Cheers and DYOR!
IMUGENE CHART. TA only, page-30636
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Last
5.7¢ |
Change
0.001(1.79%) |
Mkt cap ! $418.9M |
Open | High | Low | Value | Volume |
5.6¢ | 5.7¢ | 5.4¢ | $461.9K | 8.347M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 1082545 | 5.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.7¢ | 603058 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 341818 | 0.055 |
9 | 509187 | 0.054 |
14 | 1776123 | 0.053 |
22 | 1646348 | 0.052 |
16 | 4794350 | 0.051 |
Price($) | Vol. | No. |
---|---|---|
0.057 | 603058 | 6 |
0.058 | 1006279 | 6 |
0.059 | 21714 | 1 |
0.060 | 1512398 | 12 |
0.061 | 1091000 | 7 |
Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
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