IMU imugene limited

7.69%

1.4¢

When the market understands the stella progress IMU appear to be...

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valueadd

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18/07/24

19:09

Post #: 74818185
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Originally posted by Fact Finder ↑

Exactly shares on issue mean nothing.

If I had sufficient funds to buy 1% of Imugene I would own 1% whether I get one share or 40 million shares.

According to the ASX 20 minute delay the current market cap is $411.5 million. If the market cap increases to 1 billion dollars I will still hold 1% of Imugene whether that 1% entitled me to one share or 40 million shares when I bought in. My pay out in a takeover would be 1% of 1 billion dollars or 100 billion dollars no more no less.

Shares on issue is a complete furphy the only downside is it costs a company more to maintain a large share register with thousands of shareholders than it does one with a hundred shareholders.

In a takeover the act of taking over the company removes all the shareholders so it means nothing as you said whether the company has many or just a handful of shareholders.

Add to this that the person some love to hate has consistently said that the Board has discussed the question and sees no reason to consider a consolidation recognising that it has its downside this will remain a non issue not even really worth discussion until the Board decides otherwise.

The sensible time to discuss this would be when the share price is flying and a transfer to the Nasdaq is on foot.

My opinion only DYOR

Fact Finder

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When the market understands the stella progress IMU appear to be making on the R & D front ..... a large proportion of those 2o odd thousand shareholders will be going nuts I suspect .

Most don't believe it at the moment .....

And your right its all about market cap and perceived valuation ...meanwhile so many shares
make for great liquidity ...and the traders love a bit of liquidity ...

I'm looking forward to the day when the commentary about a 1 cent movement in the share price
will be a thing of the past

LOL

IMU Price at posting: 5.6¢ Sentiment: Buy Disclosure: Held
28 Upvote

2 Great analysis

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(20min delay)
Last 1.4¢		Change 0.001(7.69%)		Mkt cap ! $104.5M

Open	High	Low	Value	Volume
1.2¢	1.4¢	1.2¢	$267.3K	20.57M

Buyers (Bids)

No.	Vol.	Price($)
5	788815	1.3¢

Sellers (Offers)

Price($)	Vol.	No.
1.4¢	13241534	29

View Market Depth

No.	Vol.	Price($)
5	788815	0.013
63	15430319	0.012
41	12117969	0.011
55	16188075	0.010
15	3298489	0.009

Price($)	Vol.	No.
0.014	13241534	29
0.015	8186799	33
0.016	6497205	27
0.017	13193727	17
0.018	2965782	18

Last trade - 16.10pm 20/06/2025 (20 minute delay)

IMU (ASX) Chart

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