Well put Bundy!
Even today at the closing price of 5.3 cents, IMU is only capitalised at AUD$195 million.
I reiterate that at a recent investor luncheon, the figure broadly discussed that IMU would be worth if it was presently listed on the NASDAQ - of circa USD$400 million - is the equivalent of AUD$0.16 a share.
Anything below 16 cents is in my view undervalued. With the pipeline of announcements the company has lined up to release over the next 12 months that share price is well & truly in our sights.
Its done! Vaxinia takeover strongly approved by IMU shareholders!, page-105
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Last
5.4¢ |
Change
-0.001(1.82%) |
Mkt cap ! $396.8M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.6¢ | 5.4¢ | $443.4K | 8.072M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 3056419 | 5.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.5¢ | 120000 | 1 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| IMU (ASX) Chart |