IMO PTX SP is linked to IMU SP fall since their CR...

IMO PTX SP is linked to IMU SP fall since their CR announcement

Where we were leading the fall before the CR announcement, IMU is now leading the Australian market down.
For some time IMU sellers far exceeded buyers and now it is balanced today with $15 million turnover by lunch
I.e. The buyers are balanced with real sellers and a large number of short sellers at a time when the CR is completed.
This means a possible SP base is being formed with IMU which IMO will be a PTX SP base.
The alternative is an IMU SP collapse if their short sellers prevail dragging PTX down until the good news arrives.
Fortunately our turnover volume is relative low indicating solid SH support of which I am one.

Where PTX has the probability of good PTX 100 and CellPryme platform news soon to support the SP to de-link from IMU,
I see no near term support for IMU.

2 vastly different companies in all regards, linked through circumstance only for a similarly timed bear market.
I am happy to be invested in PTX and not IMU, for I believe we will return to a bull market far sooner than IMU - if it ever does.