IMU 9.26% 5.9¢ imugene limited

Why IMU is a multi multi bagger, page-23707

  1. 13,755 Posts.
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    I actually believe that consolidation needs to be done at some time. 8bil shares is ridiculous and will come back to haunt IMU in the future - and probably is already an impediment to most investors looking at IMU.

    Great fundamentals but most investors are looking for a quick buck - and may not even take a look at those fundamentals - scared off by the SOI.

    I do personally believe that a 10:1 consolidation is appropriate - I have not previously looked at anything bigger I have to admit. Even 15:1 is not over the top. If any future NASDAQ listing is a possibility, then having a 600-800 mil SOI would make that easier - maybe even look like a more exclusive company.

    I do realise that consolidations are not popular. It can indicate a company in some difficulties. However, with IMU, it may have the opposite effect as it would help to attract new investment based on IMU's strength in research.

    A consolidation also makes it easier for IMU to tap extra funds in the future.
 
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Last
5.9¢
Change
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Mkt cap ! $433.6M
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5.5¢ 5.9¢ 5.4¢ $1.489M 25.99M

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2 35252 5.9¢
 

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6.0¢ 1753430 24
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