IMM 1.27% 40.0¢ immutep limited

There has been a fair degree if caution as Oct 1 results...

  1. 1,524 Posts.
    lightbulb Created with Sketch. 117
    There has been a fair degree if caution as Oct 1 results approach. There is now a likelihood the share price won't spike prior to the results as much as was hoped. This is most likely because there is trepidation about the results being unspectacular or worse, a failure. Judging by the comments on this forum there are many holders who are questioning whether the depressed price is a prelude to poor results. I'm not sure the news needs to be utterly spectacular but rather, it needs to simply confirm the product works and there is a genuine need for CVac.

    Such confirmation makes an investment in Prima a much safer holding, with the prospect of commercialisation not guaranteed, but at least far more foreseeable. With a proven product, investors can breathe easier and have reason to believe in a viable future with the prospect of a large pharmaceutical company funding production via joint venture.

    At this moment in time we can only hope CVac works effectively, a relief rally could very well follow any positive news confirming such. Just my thoughts as l prepare to leave for work to make money the hard way.
 
watchlist Created with Sketch. Add IMM (ASX) to my watchlist
(20min delay)
Last
40.0¢
Change
0.005(1.27%)
Mkt cap ! $588.3M
Open High Low Value Volume
38.5¢ 41.0¢ 38.5¢ $955.9K 2.399M

Buyers (Bids)

No. Vol. Price($)
46 176567 39.5¢
 

Sellers (Offers)

Price($) Vol. No.
40.0¢ 235171 16
View Market Depth
Last trade - 13.40pm 03/09/2024 (20 minute delay) ?
IMM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.