IMU has a market cap of just $12m. Sanofi-Aventis now owns 100% of Merial, shareholder approved a day ago. IMU owns worldwide rights to technology which will secure IMU 5-6% royalties on sales in a $3bn market. IMU's leading vaccines especially PRSS are on the threshold of commercialisation. Why wouldn't S-A buy IMU rather than pay it royalties? Far cheaper!
I'm merely speculating so please DYOR
is news coming?, page-9
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Last
5.1¢ |
Change
-0.002(3.77%) |
Mkt cap ! $373.3M | |||
| Open | High | Low | Value | Volume |
| 5.2¢ | 5.2¢ | 5.0¢ | $669.7K | 13.07M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1074997 | 5.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.2¢ | 1209633 | 6 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| IMU (ASX) Chart |