"Meanwhile, back to reality after 3 positive announcements, last...

"Meanwhile, back to reality after 3 positive announcements, last time I checked the stock was trading a mighty 2.2 pips!"

But that only reflects Australian biotech investors not imu and their announcements.

In the US a lesser drug gets a $1.85b upfront deal. The reality is the Australian market does not know how to value high value biotechs.

Personally I think this will change. But for the moment you will win all the arguments.

Elton John and David Bowie both entered talent competitions and the judges said that they were no good and would amount to nothing. They were right at the time in a way, as they had no previous success. But they failed to see what potential was there.

And that's how it is with imu in my opinion.

cheers