IMU is not you average listed company. It’s been set up as a very different animal. It’s a development company. Just like a major property development. PH bought some great real estate here. B Cell Vaccines and CF33 Oncovirus with the specific intention of developing them .
At this point in time we have built the high rise tower. We are currently doing the fitout, That is running the trials and collecting the data.
Once that’s finished in less than two years, quite likely less than a year from now., IMU will open the building for inspection by interested buyers.
Instead of using a bank to finance this project IMU was listed and we shareholders have been bank rolling this.
wswsS
At regular intervals throughout the development we have been given construction updates. Just like a developer does when you buy a unit of the plan.
As it gets closer to finishing the project we are getting much better updates . Such as the recent Shareholders Roadshow.
Soon we will have FDA IND for Oncarlytics. That’s going to be like pulling the scaffolding down. We can really see what a great job everybody has done..
Soon after that we sell it off and count the profits.
IMU Price at posting:
12.8¢ Sentiment: None Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)