IMC 0.00% 10.0¢ immuron limited

Under the radar is definitely one way to put it. How I see it:...

  1. 5 Posts.
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    Under the radar is definitely one way to put it.

    How I see it:

    Many pre-Covid holders bought it a lot higher, and are taking a loss on any decent volume available.

    There’s not enough new interest at the moment, but I believe that will drastically change.

    -Company is basically at cash backing. No need to raise any time soon.

    -Sales are back up, with expansion into new markets on the agenda. Current growth suggests profitability is not far off.

    -US military contract due by mid next year (IMO it’s likely as we know the product works, and DoD have already invested significantly)

    -Further new product trial results due soon.

    With these points in mind I believe buying under 10c is a bargain. Hard to believe it will be below 15c come mid next year.





 
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