IBX

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3.3¢ imagion biosystems limited

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21/06/20

00:35

Post #: 45348375
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Originally posted by _THEDON_: ↑

Hate to rain on your “common sense” parade with facts but the incessant ramping in general when it comes to IBX is insufferable. I for one believe in the tech but (IMHO) there is a long, long way to go before this tech becomes a viable product at market and I feel many are being misled by not being provided with the facts nor a balanced view.

A few weeks back when I was shot down for supposedly down-ramping, after asking a few logical questions and posing an alternative view I took my questions directly to the company. I did receive what I believe to be an honest and reasonably detailed response from Bob himself. Part of which I have cut and pasted below:

“If we were to use the nanoparticles for other purposes, such as a carrier for therapeutics (nano medicine) or possibly as an imaging contrast agent, it is likely the FDA would view the nanoparticles as a drug.”

Therefore, as Siemens appears to be interested in exploring the nanoparticles as a contrasting agent to use with existing MRI tech. The nanoparticles MAY (most likely) be subjected to the IND process and subsequent rigorous testing required by any drug seeking FDA approval, which is a lengthy and expensive exercise.

Yes Siemens could afford to seek FDA approval IF A, B, C and likely D all line up, and pre-clinical trials support taking the nanoparticles to pre-IND and beyond.

Yes IBX still may become a global success story, but certainly not “overnight”

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I don't know if anyone has said overnight success. The quick solution, which you may have seen as the overnight success claim, would be a takeover if we achieve successful trials but the other pathway is years in timeframe but will potentially create far greater wealth realisation. The bottom line is $22 million ($16 million EV) is undervalued as it stands and when trials are confirmed this will hopefully get noticed and start climbing so if you are willing to hold long term now is probably the time to jump in.

IBX Price at posting: 3.0¢ Sentiment: Buy Disclosure: Held
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Last 3.3¢		Change 0.001(3.13%)		Mkt cap ! $1.176M

Open	High	Low	Value	Volume
3.2¢	3.3¢	3.0¢	$4.016K	127.1K

Buyers (Bids)

No.	Vol.	Price($)
2	53108	3.1¢

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Price($)	Vol.	No.
3.3¢	22147	2

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No.	Vol.	Price($)
2	53108	0.031
2	37536	0.030
2	400750	0.029
2	108000	0.028
2	200000	0.027

Price($)	Vol.	No.
0.033	22147	2
0.034	66460	1
0.035	5154	2
0.047	14800	1
0.048	13016	2

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Interesting, page-1155

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Interesting, page-1155

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