IMM 6.90% 27.0¢ immutep limited

I agree that we will see a drop and then an afternoon recovery...

  1. 2,984 Posts.
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    I agree that we will see a drop and then an afternoon recovery to finish flat or down 0.5c.

    Or there could be a trading halt called Monday morning to announce NASDAQ listing.

    I have a funny feeling this delay in announcement has been carefully orchestrated. We get an announcement a month ago that we don't need springtree's money. The price goes through the roof only to drop back and find massive support at 22 - 23c range. Could it be the new financier is lining themselves up accumulating at 22 - 23c before any key announcements. That could be part of the deal. I'm not accusing management here or anything like that but in reality PRR is a speccie and as such needs funding. It is at the mercy of the financiers who call the shots. If my specualtion is correct, the accumulator wouldn't be in it for a measly 10 - 20% gain. They would want 500% - 1000%.
 
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