Australia's largest stock trading and investment forum Australia's #1 stock forum

IMU

Click for more information

0.00%

5.1¢ imugene limited

great thanks for your reply, I do love the extra leverage the...

First 18 Last

Share
Profile

Follow
dealmein

537 Posts.

123

24/11/23

10:47

Post #: 71085777
Share

Originally posted by bat35y: ↑

The obvious risk is the heads don't exceed 11.8c before the expiry in 3 years. I personally believe that is unlikely, and in that unlikely event, then there would be something fundamentally amiss with the investment here, so you'd not be much better off with the shares either.

Consolidations etc are a non-issue, the listed instruments get consolidated alongside.

A limitation is you don't have the voting rights you'd have with fully paid shares, and should a deal of some sort occur it might benefit to have funds on hand to exercise on short notice, or perhaps holders would have to sell a portion of their OE holding to fund the exercise of the balance.

In short, imo, these are an excellent vehicle to add exposure to the explosive upside potential of IMU, at half the initial outlay required for shares.

Some here look to the black scholes formula for an idea on valuation, however as noted they rarely trade right on the money in practice, and you can gauge by the way they've traded this month, anywhere around 50% of the prevailing heads price is a good guide for decent buying LT, however that gap will close as the share price appreciates.

GLTAH and patients

Expand

great thanks for your reply, I do love the extra leverage the options provide, exciting times !

IMU Price at posting: 8.3¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

World Gold Council says market in want of catalyst; flags Asia sell-off risks. Then there's Trump

SS1

Sun Silver to kick off drilling next week at 292Moz Maverick Springs silver-gold project

AHK

Ark Mines inks 1.5Bt Exploration Target for Sandy Mitchell REE play including NdPr; PFS due in Q4

SS1

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

Has uranium run out of steam? An update on nuclear markets & developments ahead in FY25

There are more pages in this discussion • 21 more messages in this thread...

First 18 Last

Add IMU (ASX) to my watchlist

(20min delay)
Last 5.1¢		Change 0.000(0.00%)		Mkt cap ! $365.9M

Open	High	Low	Value	Volume
5.1¢	5.2¢	4.9¢	$1.201M	23.75M

Buyers (Bids)

No.	Vol.	Price($)
14	2190735	5.1¢

Sellers (Offers)

Price($)	Vol.	No.
5.2¢	1345636	13

View Market Depth

No.	Vol.	Price($)
12	2153105	0.051
33	2972492	0.050
43	5133510	0.049
23	3307028	0.048
18	1142586	0.047

Price($)	Vol.	No.
0.052	1320146	12
0.053	1188301	5
0.054	994467	5
0.055	862370	8
0.056	433333	4

Last trade - 13.35pm 03/07/2024 (20 minute delay)

IMU (ASX) Chart

SPONSORED BY