Whilst its true that to gain more rapid share price appreciation a Company must start making money for their shareholders, its not always the case!
For example, when did Dendreon first turn a dollar???
Im not certain, but it could well have been after FDA approval of Provenge, and the subsequent rise in SP to circa $60!!!
Probably 80% of mining companies will never make a dollar for their shareholders, yet a lot have experienced significant SP appreciation.
When you consider the near term potential revenue streams of PRR, along with the upside of utilising Cvac on many more different cancer types...its staggering to think that Aussie investors, with their resource goggles on, only value this Company at 24c.
I wonder if US investors wear the same type of goggles???
We are soon to find out...
The above is my opinion only...dyor
Whilst its true that to gain more rapid share price appreciation...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add IMM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
40.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $581.0M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 41.0¢ | 39.5¢ | $1.515M | 3.783M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 115519 | 39.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.5¢ | 37481 | 2 |
View Market Depth
| Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
| IMM (ASX) Chart |