IBX 15.4% 4.4¢ imagion biosystems limited

T20 IBX, page-36

  1. 117 Posts.
    lightbulb Created with Sketch. 9
    Thanks for this - I was waiting for the mad sell out to stop and ask the company on the recent T20
    I agree on the Technology - I agree on the nerve/belief on the T20 holders - to keep holding on while the pricing went all the way up and down
    What disappointed me was the amount of shares increased by the company by dilution
    One can claim it's the strategy to increase the market value of the company to make it more than 100Million or beyond.
    Or the Normal way a company operates in ASX

    Market Cap
    Total Shares xShare Price
    June 2022
    1,121,218,534 x 0.029 =32.5Million

    Market Cap without dilution
    322,742,824x0.029 = 9.3Million

    Or would there be a chance of increase in share price if there was no dilution happened?

    I believe in the Technology - it sounds great - it would help patients find the treatment what they require in shortest time frame - But the way the overall things moving - we need to speedup - Trial - Magsense Device Manufacturing - Device Rollout - Device FDA Clearance - Patient benefitting/Shareholder benefitting - Long way to go - Lets see the rides we take

    DYOR!

 
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