Hittman, If you rewatch the most recent video LC makes two comments. Enough cash runway till the end of 2025 or early 2026. And secondly she does see a problem raising more money.
What nobody knows is this. In her recent US Investor Briefing who did she meet and what did they say to her?
In my experience these investors and prospective partners are always very clear on what they need before committing. They will list their requirements. LC would have a very clear understanding of whether we can raise money from big investors.
Only LC has that knowledge. But if you follow the timelines in our trials etc LC will have results and data in hand before the next JPM conference.
Have a another read of this excellent post
https://hotcopper.com.au/posts/73702964/single
That’s an example of the data LC will have one her brief case. Plus Data from OASIS .
LC and NE have both mentioned more than once how OASIS has US investors attention.
She talks about this a lot. Because she plans on getting future funding from large US investors.
We will never get another SPP like last August again. Just because we have had several painful cap raises before does not mean the next will be painful.
If I was running IMU , as soon as I had the solid data on Azer-Cel, MAST and OASIS I’d be on the jet to the US. And raise $500m whilst doing a Nasdaq listing.
That would come with a share consolidation. A serious share drop in shares to say 200m shares on issue.
NEU did a 20-1 consolidation which didn’t help for several years but is gold now.
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Last
4.1¢ |
Change
-0.003(6.82%) |
Mkt cap ! $304.9M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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23 | 4542680 | 4.1¢ |
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Price($) | Vol. | No. |
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87 | 10259984 | 0.040 |
32 | 5714241 | 0.039 |
16 | 2839416 | 0.038 |
10 | 1400513 | 0.037 |
Price($) | Vol. | No. |
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0.043 | 1675759 | 9 |
0.044 | 1145733 | 8 |
0.045 | 1715026 | 12 |
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