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2.17% 4.7¢ imagion biosystems limited

They need cash capitalCurrent cash on hand will not allow them...

  1. Bullrush007
    5,841 Posts.
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    19/05/22
    21:10
    Post #: 61510858
    They need cash capital
    Current cash on hand will not allow them to progress
    so an equity raise will likely happen soon

    sp might be stable for now but the CR is likely to be at a discount to the current price 3.5c? 3c? 2c?

    no point giving it to retailers, hope they can generate the interest from sophs and instos (they want discounts!)

    but very high chance dilution is on the cards


    IBX Price at posting: 4.2¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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