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[VIDEO] Imagion Biosystems (ASX:IBX) finds that diagnostic tech has potential to work on multiple cancers, page-41

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Outgoing123

879 Posts.

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23/10/22

22:55

Post #: 64348553
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Originally posted by bkkrunner: ↑

I agree. Back in the day (when I first fell into this lobster pot), I tried to figure out if IBX had any staff at all in Australia. Apart from Geoff Hollis, the answer appeared to be zero. That was a worry, a real worry. It meant that the trial was outsourced to entities that had no skin in the game and were not subject to day to day management. It further confirmed for me that IBX was here primarily for the tax rebate. Next issue was incentives for the patients. If IBX gets say AU2 m plus in a rebate, then surely an incentive of say 5-10 K per patient for up to the first 15 patients seems reasonable (and deductible). The answer to this point was that incentives are unethical (not so) or that the outsourced trial providers would not agree. Neither of these reasons stand up to scrutiny. A concluding bitch goes to communications from IBX. They are laughable. At this rate the April 2023 options will not be exercised.

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" At this rate the April 2023 options will not be exercised."
Agree.
Also CR early next year is very likely...2c?
I am not confident the US trial will really start Q1 23...most probably Q2 23.

IBX Price at posting: 3.1¢ Sentiment: Hold Disclosure: Held
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