Imugene has an extraordinarily high Beta of 2.36. Beta measures unique risk e.g. company specific.
Market indexes are fixed at 1.0.
Above 1.0 = high risk.
Below 1.0 = low risk.
Investment in Imugene is extremely risky!!
At 2c per share market capitalisation is approx. $130m which is below current cash but that is being spent recklessly.
Target 2 cents, page-121
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