IMM 1.75% 28.0¢ immutep limited

prr in purrrspective

  1. 880 Posts.
    Keep the following in mind:

    1. At 10c PRR has a fully diluted market cap of $48.2m (with it soon to be higher via share issues as it has no cash left

    2. Dendreon spent A$325m doing its phase 3. That means even it were possible to raise the funds for CVac's Phase 3 trial PRR would need to issue 3.25 BILLION shares.

    3. It is incorrect for people on this forum to talk about commercialisation/pending sales etc.. and PRR only having 347m shares on issue...THE COMPANY IS NOT FUNDED and in any case it is at least 6-7 years away from where Dendreon is now

    4. Take a step back and look at the CVAC patents in the context of the Phase III timetable. How many years is PRR going to have to exploit the market.

    I don't like to be a mood killer. BUT if anyone is buying this stock as anything other than a game of Pass the Parcel I would urge you to print this post, and look at it again in 6 months time.
 
watchlist Created with Sketch. Add IMM (ASX) to my watchlist
(20min delay)
Last
28.0¢
Change
-0.005(1.75%)
Mkt cap ! $406.7M
Open High Low Value Volume
29.0¢ 29.0¢ 27.5¢ $1.341M 4.777M

Buyers (Bids)

No. Vol. Price($)
6 167966 28.0¢
 

Sellers (Offers)

Price($) Vol. No.
28.5¢ 138542 5
View Market Depth
Last trade - 16.10pm 04/07/2024 (20 minute delay) ?
IMM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.