IMU 0.00% 5.9¢ imugene limited

Dont forget their mcap is just 30 odd million even after the...

  1. 882 Posts.
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    Dont forget their mcap is just 30 odd million even after the recent doubling....... imu is 30 times bigger in mcap already......... for imu to double from here and become a 1.7 bil mcap........ it has to show the income stream path way to investors....... not saying it wont happen but iam saying as a company u should mean real businesss to get such valuations......... we have to refrain ourselves from such comparisons.......
    no matter wat our chart gurus say here barring the likes of @slick, @acouch and a few others who paints more realistic picture....... imu sp has spoken for last few weeks it stuck at a 800mil mcap range IMO that seems a reasonably a fair valuation given the pipeline it has...... unless a significant announcement comes SP aint going no where........ so its important to be realistic, which means not to forget IMU still has a significant RISK associated to the stock price and more importantly PATIENT becoz IMU has the potential and ingredients to become a great company

    All IMHO
    Sit tight by managing RISK
    DYOR
    SS
 
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IMU (ASX) Chart
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