IMU (ASX) Why IMU is a multi multi bagger

Originally posted by Taureanbull: ↑

Over the last few weeks we have seen a 50% drop in our shareprice. Extraordinary destruction considering IMU just landed the deal of the century. In one quick and decisive move IMU jumped the queue to be in the front of the CarT race. Which incidentally included an approved batch of Azer-Cel from their newly acquired FDA approved manufacturing facility. Anybody who follows Biotechnology knows just how important this is. To gain any FDA drug approval it must be manufactured in an approved facility. Getting this approval can take several years . The FDA must approve everything including packaging, inserts and warnings, even the color layouts, color and design of pills. Just everything.

As Yuman Fong has stated many times his dream is to create a Universal Vaccine against all cancers which is accessible and affordable for all people. This acquisition enables his dream to come true. IMU under Yuman Fongs guidance has created the “most important vaccine ever created” . His words not mine”

So why then the drop. We all seen hundreds of posts blaming the Chairman for this destruction to our shareprice. That’s after the shorters ripped into the share register.
But just maybe there is another more simple and more basic reason. Something more subtle, but very possible.

As we all know IMU has attracted in 28,000 small mostly inexperienced shareholders. The dream of wealth especially easy overnight wealth is very alluring. Movies have only seven story lines. This is probably the most popular. Easy money, shortcuts to wealth. Crime theft fraud greed. Always followed by disaster the inevitable train crash from a badly thought out and executed grab for the wealth.

IMU’s share price took off during COVID, the economy was awash with free or easy money. In hindsight we can see how much flowed into small caps, like IMU. And of course IMU had a great story that got better with each new announcement. With easy access to money, easy access to computer trading and too much time to waste, this money flowed into IMU.

Just two generations ago, life was hard, really hard work. And people were tough. They walked miles for everything. They worked physical jobs all day. Chopped wood for fires. Washed by hand. Grew veggies in the back yard for food.,And went through 2 world wars to add some mental stress. These people were resilient. They took all the adversity in their stride. They also knew the value of money. Because it was a very scarce commodity. In short they were tough. Hardened like stainless steel.

Move forward to COVID era. Many of those 28,000 small holders, live in Airconditioning rarely getting either cold or hot. They spend long periods of time sitting in front of screens, ordering in anything their hearts desire. Food, from Uber. Sexual partners from Tinder. Movies from Netflix or Music from Spotify. If you need to see more evidence of the decline in strength and resilience of younger people, look at the feet of 20 year old males as opposed to 70 year olds. The young men have skinny narrow feet with inward facing toes. Older men have big wide feet. They look strong and capable. There are many signs like this.

You probably wondering where this is going. Well the ever increasing number of share investors raised by helicopter parents, who never even walked to school once.l but did get given participation certificates and gold stars for no effort, are getting a taste of the real world.

They’ve taken the easy money and lobbed it down on a great get rich scheme. Curing cancer. The only problem its not like Uber Eats. Cancer cures take longer than 10 minutes.

As time went by and the shareprice began declining and then snowballing this downhill run took on a life of its own. The free money was evaporating right before their eyes. For many this was their first taste of real life. There was only one button on the computer they could push to stop the pain. So they hit it and kept hitting it. The SELL button was the only relief available.

This was their first real taste of some of the lessons life will hand out. So much of our commercial world is focussed on making life easier. Removing the effort required to satisfy any human desire. These companies have made everything cheap fast and available to most people in western societies. But they’ve also removed the struggle and hardship required to build physical and emotional resilience.

That to me makes a lot more sense than looking for a scapegoat.

Expand

TB
IMU are not alone, the market in general is in much the same situation, legions of market participants holding losses hoping to be made whole again & cannot afford to take positions, some, more than likely never to again.

Zip plans to undertake a small parcel buyback for shareholders who hold less than $500 worth of shares. As of 3 October 2023, the company has approximately 78,000 investors with a small shareholding, that is not a typo.
Whether or not IMU should do the same I don't know & is open for discussion, but we must remember that a current $500 position could well have been much larger.
I do get your drift though.
ZIP/ IMU pair direction comparison.
IMO DYODD

No.	Vol.	Price($)
5	673000	5.0¢

No.

Vol.

Price($)

673000

5.0¢

Price($)	Vol.	No.
5.1¢	885816	4

Price($)

Vol.

No.

5.1¢

885816

No.	Vol.	Price($)
5	673000	0.050
16	1634435	0.049
21	3239804	0.048
12	1087361	0.047
8	374347	0.046

No.

Vol.

Price($)

673000

0.050

1634435

0.049

3239804

0.048

1087361

0.047

374347

0.046

Price($)	Vol.	No.
0.051	885816	4
0.052	1683096	11
0.053	1151223	5
0.054	799349	3
0.055	1217211	10

Price($)

Vol.

No.

0.051

885816

0.052

1683096

0.053

1151223

0.054

799349

0.055

1217211

(20min delay)
Last 5.1¢		Change -0.004(7.27%)		Mkt cap ! $373.3M

Open	High	Low	Value	Volume
5.5¢	5.5¢	5.0¢	$1.762M	34.10M

Why IMU is a multi multi bagger, page-16912

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