IMM 11.9% 29.5¢ immutep limited

Hi, its been a few (ok many many) years since my uni Statistics...

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    Hi, its been a few (ok many many) years since my uni Statistics 101 days, but from the announcement on the 19th May:

    This seems pretty crappy... So the true hazard ratio can be 1! (which means it has no measurable effect)

    But obviously the market likes it and moved $$$. What am I missing?

    Thanks
 
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