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
5.2¢ |
Change
-0.002(3.70%) |
Mkt cap ! $382.1M |
Open | High | Low | Value | Volume |
5.4¢ | 5.4¢ | 5.2¢ | $148.9K | 2.828M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
31 | 2436853 | 5.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.3¢ | 392814 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
31 | 2436853 | 0.052 |
43 | 4493294 | 0.051 |
58 | 4676760 | 0.050 |
19 | 2213068 | 0.049 |
20 | 815580 | 0.048 |
Price($) | Vol. | No. |
---|---|---|
0.053 | 392814 | 5 |
0.054 | 3612717 | 13 |
0.055 | 870851 | 7 |
0.056 | 2745820 | 14 |
0.057 | 859484 | 10 |
Last trade - 16.10pm 22/08/2024 (20 minute delay) ? |
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