Hi Owl vs Fox,
I agree with most of your views on where IMU are currently at, most Biotech developments
DO take time and usually over many years to get past FDA requirements and then to commercialisation making some money.
Re my post Post #: 66362623 response to - watmighthavben.Ben life is all about timing, so yes its "time" for Imugene to get going on the Marketing side of their business and put some lucrative contracts in place or as you alluded too with the SP at such a low bail-out of shareholders is coming.I believe many shareholders have been growing their share numbers over time as prices keep falling, so l guess it's all about
"timing" some shareholders may not have the years of age ahead of them to wait for success or maybe prepare for the interest rate
"cliff fall" that is forecast later this year when locked-in lower interest rates come off where l believe many investors who have borrowed money at 1.99% will be forced to sell up shares in their portfolios at significant losses to reduce debt while the Banks continue making record profits !! what a World we live in.
1/3 of our population has a mortgage, 1/3 Rent & the rest are considered rich and l bet the likes of our Reserve Bank governor Mr Philip Lowe's family have not reduced their spending habits when he's salary is well over 1 Million dollars pa so the working/mortgage belt family's carry the can to reduce inflation and at what cost !!!.
When this time comes it will be a buyers' market for those who are cashed up, with Putin & Bidens war mongering who knows what's around the corner I guess one can only make decisions on what they personally face both financially and in health.
In summary l will be attending Imugene's shareholder presentation in Melb and look forward to Dr.Dupont and especially Prof Fong's input on the future of the Company & its pipeline of products which will sway my decision on continued support/Investment
Cheers
ST
(20min delay)