I beg my investor friends to buy more.I show them just how much a successful drug is worth and/or takeover bids. I outlined the recent deals with Gilead and viralytics and show them the calculations ($21 billion US x 1.37 (US to AUD conversion) ÷ current IMU market Cap then times that figure by current share price for an estimated price per share)
And their heads explode.
For example:$21,000,000,000 x 1.37 ÷ $275,000,000= 104.6 (factor) x current share price 0.062
= $6.48 AUD per share.Quite possible but still a bit away.
The Big Picture - is it visible ?, page-3
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Last
4.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $356.9M | |||
| Open | High | Low | Value | Volume |
| 4.9¢ | 4.9¢ | 4.8¢ | $328.5K | 6.792M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 45 | 5443565 | 4.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.9¢ | 2171910 | 5 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| IMU (ASX) Chart |