IMU 9.26% 5.9¢ imugene limited

My formula for successful investing is to pick the moment you...

  1. 1,083 Posts.
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    My formula for successful investing is to pick the moment you think a disruptive tech stock (or Bio in IMU's case) is de-risked and will be in production one day ... before the market catches on. Once you have identified that moment, you will still need to ask yourself ... how big will the demand be when it is in production? ... can it be produced at a competitive price? ... and how competent is the company's management team? If all those boxes are ticked for me ... I press the buy button. I used this formula to great effect over the past couple of years with BRN and WBT.
    IMU's announcement last week re CF33 has completely de-risked the 'tech' for me and ticks all the boxes re the above questions.
    So I am buying every share I can at the current levels because I have no doubt IMU's MC will be multiples of what it is now in the future.

    Warren Buffett's 4 Rules for Investing
    • A stock must be managed by vigilant leaders.
    • A stock must have long term prospects.
    • A stock must be stable and understandable.
    • A stock must be undervalued.

    Not financial advice ... my opinion only.
 
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Last
5.9¢
Change
0.005(9.26%)
Mkt cap ! $433.6M
Open High Low Value Volume
5.5¢ 5.9¢ 5.4¢ $1.489M 25.99M

Buyers (Bids)

No. Vol. Price($)
2 35252 5.9¢
 

Sellers (Offers)

Price($) Vol. No.
6.0¢ 1753430 24
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Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
IMU (ASX) Chart
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