IMU 3.57% 5.4¢ imugene limited

Outlander, It would be fantastic to see Karst Peak turn up here...

  1. 3,280 Posts.
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    Outlander,

    It would be fantastic to see Karst Peak turn up here as a Substantial shareholder. They bought 20m NEU’s from Lang Walker for $1 each. Which seemed like a crazy move on Walker’s part. KP are now up $480m?

    That’s the huge profits that can be made in Biotechs that have the science nailed. So even very sophisticated investors can get it wrong. Would have been the easiest $480m Walker ever made. He just needed to sit still.

    There is a lesson in this story for all of us. Do your research. Buy in when the impatient or poorly researched holders are selling. Get your FACTS from the company website not HotCopper,

    Would be interesting to know how many people dumped NEU when Walker bailed out.
    Last edited by Taureanbull: 31/12/23
 
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