IMC 1.01% 10.0¢ immuron limited

While Immuron has done well with its progress on a number of...

  1. 926 Posts.
    lightbulb Created with Sketch. 51
    While Immuron has done well with its progress on a number of drugs against Colitis, C.Diff and NASH, the real reward for us will be if the US Army gets behind the ol' Travelan. Given the January announcement said that Travelan was effective against 180 bacteria tested by the Army, including real nasties like Shigella and Campalobacter, if they go into next stage trials or tests with Travelan and it goes well, then i'm thinking that there could be massive orders in to Immuron that will trounce any activity on the other research. We'll be a full blown revenue company with possibly north of $10m per annum in sales if you look at the 75,000 odd US military stationed in Asia and Middle East. If one aircraft carrier has 5000 personnel and they were to be supplied with 3 months of Travelan pills. If one box has 30 days supply and say it sells for $30 per box, then that would be 3x30x5000= $450,000 for one ship for one sea tour of 3 months. Down time from gastro bugs in the military is a serious issue, it spreads like wildfire and highly contagious. So this would be a priority for US Army/Navy
    These are just my own thoughts on a rainy Friday
    R (DYOR)
 
watchlist Created with Sketch. Add IMC (ASX) to my watchlist
(20min delay)
Last
10.0¢
Change
0.001(1.01%)
Mkt cap ! $22.8M
Open High Low Value Volume
9.9¢ 10.0¢ 9.9¢ $21.40K 214.1K

Buyers (Bids)

No. Vol. Price($)
1 10653 10.0¢
 

Sellers (Offers)

Price($) Vol. No.
10.5¢ 207757 9
View Market Depth
Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
10.0¢
  Change
0.001 ( 1.01 %)
Open High Low Volume
10.0¢ 10.0¢ 9.9¢ 53043
Last updated 12.15pm 03/05/2024 ?
IMC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.