"Today, our CEO & MD Leslie Chong met with the esteemed Dr. Yuman Fong at City of Hope to discuss the future of cancer treatment.
Dr. Fong, a leading cancer researcher, physician, and surgeon, has dedicated over 30 years to developing oncolytic viruses. Our lead candidate, CF33, is a chimeric vaccinia (pox) virus developed by Dr. Fong at City of Hope, one of the largest cancer research and treatment organisations in the United States.
Together, Imugene and City of Hope are working tirelessly to turn this innovative treatment into a reality for patients worldwide."
We are getting mixed signals and that's causing the doubts.
On one hand LC is telling us about " ...brilliant data.... blinding great science..... US investors and big pharma watching.... meeting with YF discussing the future....
but then like at CHM and RAD key personnel leaving exactly when the real show is about to begin,
the stock gets sold down,
assets, showing competitive data ready to be sold can't or won't be sold,
increasing frequency of mentioning IMU got a sufficient runway which so far has always followed by a sp-destructing CR,
as the tweet just proves a constant change of priorities, one day Azer-Cel, next CF33
and
as there is absolutely no evidence of US money taking positions we could assume that IMU might consider the data as great but the ones who are supposed to jump at them aren't that impressed.
It is easy to read a lot of negativity into all that and jump to the wrong conclusion but IMU is aware of social media comments and the sp drop and does nothing to restore confidence." Nick Ede leaving won't help either and getting that info at first here and not from IMU adds more to the impression that there is not just Something but " A lot wrong in the state of Denmark ", I mean IMU.
Trusting LC's words or HC opinions. There was a time when this decision was easy, now the pendulum moves away from LC further and further day by day.
I am in the financial position to hold on and to accept a total loss thanks to - ironically IMU's 2021 rise - but many here feel "blinded" by the LC statements as those seem to be totally disconnected from reality and will consider selling to minimise losses.
Time as always will tell but a sp of 1c now seems to be more likely than 10c.
GLTA
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