What happened today, is the very reason why we need to jump onto...

What happened today, is the very reason why we need to jump onto the Nasdaq.

We had 33m shares traded today only to see our SP decline 6.1%.
This is after the majority of the ASX rallied including most Bio stocks. However, poor old Imugene gets slaughtered.
Why- because there's no rush. There hasn't been movement at the station for over six months, yet the CEO doesn't even have any understanding why the SP is so suppressed.

The established stocks (and don't forget we were in the ASX top 300 with market cap of $3.5b just two years ago) are reliant on the US markets. The Shorters and even the Insto's cant play the games played on the ASX when trading on the Nasdaq. Our shares today were simply sold off, only to be bought again with a 6-10% discount over the coming days. They even use the funds sold to throw into established socks for a couple of days, as a double
whammy.

Let's find out how far off a Nasdaq listing is. This is not only frustrating but expensive, with both time and money !

- GO IMU!

Not financial Advice - Opinions Only - DYOR!