Mate, you are too emotionally invested in IMU. You are going to...

First 23284 Last

Share
Profile

Follow
DDD24

712 Posts.

148

08/05/24

17:45

Post #: 73731472
Share

Originally posted by Tenacity & Patience: ↑

Put aside any preference or dislike for a Nasdaq listing. Whilst the entire Eastern Seaboard is getting swamped and little news coming out of Imugene. Everybody's getting cabin fever, on these threads.

Discussions of Capital Raises are boring and speculative. Especially those who guess who the participants will be,
or even if it will happen.
For mine a Nasdaq listing will be the next capital raise. Most emerging companies use the Nasdaq for capital. We want their participants as investors. However, we already know a consolidation needs to occur before we can ever join the Nasdaq. Similarly, we all agree there's too many shares (8 Billion approx, with options included ). So the preparation for any Nasdaq listing tidies up our backyard. If a consolidation were to occur at 15:1 there would be 555 Million shares at around $1.20 AUD or $1.63 USD.
PH would only need to float 118 million shares at a par value of $1.63 to have 650 million shares (total including options). This would also provide an additional $192m USD in capital. Why would he go through all of the backlash and groveling to institutions again, in raising $70-$100m that will probably only provide for a year or so in outgoings.
I see tackling two birds with the one stone here. We get a huge capital injection, whilst having consolidated 8 Billion shares back to 650 million. Whilst having a new starting SP of $1.63 USD with a market 36 times larger than our ASX. Current holders would see a 36% bonus in SP after the USD conversion. A windfall I'll take any day !

I would be very surprised if this, or something similar isn't at least on the drawing board of Imugene.
As I mentioned earlier, Imugene replied to a query I sent asking if they had any news on a Nasdaq listing. They replied in saying no news was necessary regarding " THE " Nasdaq listing. THE , meaning it exists !

Hold onto your hats, I think we're in for a ride soon (next 1-6 months) on the back of data or a Nasdaq listing.

-GO IMU!

Not Financial Advice - Opinions Only - DYOR!

Expand

Mate, you are too emotionally invested in IMU. You are going to lose many $$ in the next ten months.

Do you have an exit strategy?

IMU Price at posting: 7.5¢ Sentiment: None Disclosure: Held
5 Upvote

0 Great analysis

Reply

Top Stories

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Quit before you're fired: Russia bans uranium exports to USA, duplicating extant US ban

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

PNN

Power gets set for 1000-metre maiden drilling program in Brazil

US election outcomes: Key economic and market takeaways

First 23284 Last

Add IMU (ASX) to my watchlist

(20min delay)
Last 4.1¢		Change 0.000(0.00%)		Mkt cap ! $304.9M

Open	High	Low	Value	Volume
4.1¢	4.2¢	4.1¢	$456.6K	11.10M

Buyers (Bids)

No.	Vol.	Price($)
24	3248478	4.1¢

Sellers (Offers)

Price($)	Vol.	No.
4.2¢	2261698	8

View Market Depth

No.	Vol.	Price($)
24	3248478	0.041
87	7670739	0.040
32	2897501	0.039
24	3325287	0.038
13	717072	0.037

Price($)	Vol.	No.
0.042	2261698	8
0.043	1452096	6
0.044	1095733	7
0.045	1875988	13
0.046	1555047	7

Last trade - 16.10pm 18/11/2024 (20 minute delay)

IMU (ASX) Chart

Mate, you are too emotionally invested in IMU. You are going to...

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Quit before you're fired: Russia bans uranium exports to USA, duplicating extant US ban

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Power gets set for 1000-metre maiden drilling program in Brazil

US election outcomes: Key economic and market takeaways

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Mate, you are too emotionally invested in IMU. You are going to...

Top Stories

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Quit before you're fired: Russia bans uranium exports to USA, duplicating extant US ban

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Power gets set for 1000-metre maiden drilling program in Brazil

US election outcomes: Key economic and market takeaways

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News