IBX 0.00% 7.4¢ imagion biosystems limited

Interesting, page-3

  1. 1,820 Posts.
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    Have a look at this from the May pres.

    https://hotcopper.com.au/data/attachments/1682/1682201-d0398aac92dca76b0b94fa5ba37e0147.jpg

    The issue for me is that it will take they need something like a year to complete the "first in human study". At the current cash burn rate that will require $10m in cash to get to there. Most of the cash has to come from capital raisings. Current market cap is $15m; do the maths! That only gets IBX to proof of concept which, by the way, would appear likely but not certain.

    btw the "Sentiment" button below should have a "like" or "following with interest" or "not yet sure". You can have a positive sentiment but not hold shares.

 
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