Just thinking back to the GFC. I was watching several biotechs that had their Shareprices totally smashed. About a year later some of them, in hindsight they were the better ones , took off. With gains of 500% in short order.
There does come a time where the market has well and truly over corrected to the downside. With China back trading and India really coming out of the blocks the future looks bright. The only dark clouds are our Federal Govt. If they get the message that’s being sent to them and get out of the way, our market will rebound strongly.
In the meantime insiders here can watch the progress. If IMU is making great progress ,plenty of cheap shares are available.
I’m a little surprised IMU haven’t announced more joint collaborations with other companies. That might be a good thing. They might be very confident that current collaborators will come to the table with acceptable terms for accessing our platforms.
Whilst we have long patent runways, BP will be eager for I get underway. It’s doubtful they will wait for the results from PH2 trials.
Just watching the tumors shrink across the 10 cancers we are trialling with Vaccinia s likely to get them motivated.
Remember Yuman Fong stating he was looking fwd to cutting open a patients live and finding a DEAD LUMP OF TUMOUR cells. That’s probably happening in the early US patients now.
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