Where’s the bottom?, page-59

First 59 Last

Share
Profile

Follow
Taureanbull

3,167 Posts.

6738

14/02/23

08:55

Post #: 66228502
Share
Originally posted by Arrr! ↑

Pretty accurate, just fixed a few things:

Very difficult time to invest in anything let alone a spec biotech like Imugene.

On the one hand you have sage advice from Warren Buffet (who clearly knows what he is doing) - “I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.”

Let's talk about fear.

We have a very scary world that is going through an unfamiliar transformation process...

China unstable and run by a megalomaniac

Russia unstable and run by another megalomaniac

Countries worshiping at the feet of Saint Greta and sending their economies broke

Global warming is causing an increasing number of disasters, raising costs and increasing uncertainty

Most of the developed world is entering population decline and baby boomer retirement when global economics depends on growth

Global fertilizer shortages which will shortly lead to escalating food prices and famine in some countries

Most developed economies are facing post-COVID inflationary spirals

And we have a younger generation more caring about being woke than going broke.

And whilst the younger generation struggle to buy a house, we have an older generation more interested in making themselves richer through unfair superannuation taxation and housing policies

And here in Australia we have a government that thinks now is the time to start another starry-eyed, Whitlam-esk, generational, social reform program full of unintended consequences.

And here in Australia we've finally escaped a government who achieved absolutely nothing over 10 years whilst somehow tripling government debt.

Little wonder that people are keeping money in their pockets and pulling it out of equities.

No-one can call this shot.

But then, they never could.

Let's talk about Imugene

What we do know is that cancer is a growth industry, Imugene appears to be developing a potentially high-value treatment for some of these cancers, and that big Pharma will pay big for a new patented drug with a giant market.

We also know, despite the positive signs, good reports, and significant progress - there is no guarantee they will deliver.

We also know the science takes time, the trials take even longer.

It's one thing to invent it, it's another thing to have it approved by the FDA.

Little wonder Imugene is currently at bargain basement prices.

In summary

"Do you feel lucky?"

Expand

This is a stock forum. Take you rubbish somewhere else.,ignore.
IMU Price at posting: 13.0¢ Sentiment: Hold Disclosure: Held
7 Upvote

0 Great analysis

Reply

Top Stories

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

Plagues precede widespread power shifts. We’re living in one – and minerals are at the fore

RDN

If you thought lithium was dead, think again. The Pilbara will be central to the next upswing

SBW

Shekel Brainweigh CEO Nir Leshem weighs in on AI adoption ahead of FY25

FHE

Frontier Energy achieves key milestone for Waroona energy project

There are more pages in this discussion • 16 more messages in this thread...

First 59 Last

Add IMU (ASX) to my watchlist

(20min delay)
Last 6.1¢		Change 0.002(3.39%)		Mkt cap ! $431.8M

Open	High	Low	Value	Volume
6.0¢	6.1¢	5.8¢	$449.0K	7.491M

Buyers (Bids)

No.	Vol.	Price($)
19	650264	6.0¢

Sellers (Offers)

Price($)	Vol.	No.
6.1¢	1026145	10

View Market Depth

No.	Vol.	Price($)
15	758390	0.060
12	1324202	0.059
13	1935957	0.058
10	1903017	0.057
26	3187145	0.056

Price($)	Vol.	No.
0.061	1549339	10
0.062	2817273	14
0.063	153500	3
0.064	854390	9
0.065	1638845	11

Last trade - 10.24am 24/06/2024 (20 minute delay)

IMU (ASX) Chart

Where’s the bottom?, page-59

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

Plagues precede widespread power shifts. We’re living in one – and minerals are at the fore

If you thought lithium was dead, think again. The Pilbara will be central to the next upswing

Shekel Brainweigh CEO Nir Leshem weighs in on AI adoption ahead of FY25

Frontier Energy achieves key milestone for Waroona energy project

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Where’s the bottom?, page-59

Top Stories

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

Plagues precede widespread power shifts. We’re living in one – and minerals are at the fore

If you thought lithium was dead, think again. The Pilbara will be central to the next upswing

Shekel Brainweigh CEO Nir Leshem weighs in on AI adoption ahead of FY25

Frontier Energy achieves key milestone for Waroona energy project

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News