IBX 2.17% 4.7¢ imagion biosystems limited

JOURNEY to 50c plus, page-316

  1. 1,445 Posts.
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    Ill be waiting too. Bob flagged in the last quarterly costs were about to blow out so that $13m will be disappearing fast now rent has kicked in, the team has been recruited and travel etc is back on. Would there be unforecasted trial costs too because of the delays?

    So a depressed macro, spend at ATH in an inflationary environment and an MD who has been found out on his spin many many times.

    Think that really put me off Bobby boy is when IBX said they wouldnt announce updates on enrolments. Shortly thereafter they did the exact opposite and then crawled back into the "nothing to see here" hole.... Says a lot IMO.

    So as a guess if they are now spending 4-5m that means a raise cannot be far away. If you dont think it can happen have a look at LDX (I dont hold).

    GLAH

    https://hotcopper.com.au/data/attachments/4431/4431127-d97f9b802dd44a01e145ab650e053c6a.jpg


 
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