Hey AlCp, If IMU needed to do a Capital Raise it would have been done back in August when it went to $0.08c
There's not going to be one until news breaks. PH knows that only data full of Complete Responses (what should be referred to as CR) in trials or a partnership in creating revenue, is the only way the share price is getting back on its bike again. The good news for investors is that they wouldn't be this flippant about raising capital, if they didn't have a game plan. You require two quarters funding in being on the ASX, and we are scating very close to that edge. The standout for mine is the trial expansion's. They don't expand unless success increasing dosages or efficacy has been achieved at lower levels.
I believe either fantastic data or a partnership, with a financial contribution will drop between now and mid February. That's when the SP would hit the road and a capital raise would be done at multiples of the current price. Past this time frame it's simply too late. So that's two months, I'm prepared to put them in the bottom draw and have Christmas with family and friends, after a particularly tough year.
To those cancer sufferers, thoughts are with you. Enjoy your time with your loved ones over the festive season and keep your chin up ! Hopefully someone will kick cancer to the curb very soon, it might even be IMU !
-GO IMU!
Not Financial Advice - Opinions Only - DYOR!
IMU Price at posting:
4.0¢ Sentiment: Buy Disclosure: Held
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