Just a speculative thought - if they recently setup a 12m funding source, then wont this next "investment" be significantly higher - which sort of suggests that it wont be a simple cap raising due to fact that investor is foreign and a significant investment would be more than 15% ?
Could be some sort of staged process ??
ie - they not going to announce 5m cap raising or something similar....
also re my other post - US investors will be good enablers of the commercialisation process (or sale to big co if that happens...)
Heres my prediction on a limb - they are going to create a new wholly owned US subsidary which is listed on the US stockmarket - one of the big hindrances to getting into the US market can be not being US. And the lady thats just been hired will be a key person in it (and not have to relocate to OZ).
Will be a big step for the outlook of the company, but may not kick the sp up straight away ?
cheers
MD
purely speculation, page-3
Add IMM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
32.0¢ |
Change
0.020(6.67%) |
Mkt cap ! $464.8M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 32.3¢ | 30.0¢ | $1.040M | 3.328M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 31.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.0¢ | 42705 | 2 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| IMM (ASX) Chart |