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4.8¢ imugene limited

"Only one of its drugs is in stage two clinical trials..." Bvaxx...

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supertramp

11,720 Posts.

1695

16/07/21

10:01

Post #: 54544118
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Originally posted by invest ↑

Not a good review
Imugene (ASX:IMU)
Shane Fitzgerald (SELL): Imugene for us is a sell. It's got a very novel modality it's going down for its solutions, it's drugs. However, it's a very early stage business. Only one of its drugs is in stage two clinical trials, the others are in stage one, even preclinical really. So for that valuation, given there's so much road still ahead of this business, we think it's pretty full at the moment, so we would say it's a sell.
James Marlay: Emanuel, cancer therapies, obviously a huge and very attractive market. Attractive to the directors, that bought some shares a little bit earlier on this year. Are you buying with the directors or are you a hold or a sell?
Emanuel Datt (SELL): I'm a sell as well, James. I think Shane hits the nail on the head when he says that this is an early-stage drug company. And I think investors have to keep in mind that drug development is a risky process. Only about 10% of drugs actually progress all the way through the whole clinical trial phase through to regulatory approval. And I think at over a billion dollars in market cap, it's very expensive for us.

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"Only one of its drugs is in stage two clinical trials..."

Bvaxx and her-vaxx

IMU Price at posting: 34.0¢ Sentiment: Buy Disclosure: Held
18 Upvote

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Last 4.8¢		Change 0.000(0.00%)		Mkt cap ! $356.9M

Open	High	Low	Value	Volume
4.8¢	4.9¢	4.8¢	$573.9K	11.93M

Buyers (Bids)

No.	Vol.	Price($)
41	6251688	4.8¢

Sellers (Offers)

Price($)	Vol.	No.
4.9¢	3022777	8

View Market Depth

No.	Vol.	Price($)
40	6051688	0.048
51	5549035	0.047
47	3562459	0.046
59	4398745	0.045
13	2065018	0.044

Price($)	Vol.	No.
0.049	3022777	8
0.050	4732448	22
0.051	4492903	11
0.052	2536519	9
0.053	2666973	11

Last trade - 16.10pm 10/10/2024 (20 minute delay)

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